Conditions that shall not be set for foreign-invested joint ventures

In accordance with Chinese laws, the following shall not be approved to set up foreign-invested joint ventures: 1) the prohibiting items in “Guidance to Foreign-invested Industries”; 2) Marked “l(fā)imited joint venture”, “l(fā)imited cooperative”, “l(fā)imited joint venture and cooperative”, “Chinese-investor holding”, “Chinese-investor relative holding” and project with foreign investment quota.