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Latest Policy Alteration On Foreign Investment 最新外资相关政策内容修改

State Council recent approve the Temporary Adjustment and Implementation of Relevant Administrative Regulations in Tianjin, Shanghai, Hainan and Chongqing




There are in total two changes

First, the Travel Agency Regulation. Before alteration, foreign funded travel agencies are not allowed to operate the overseas tourism business of mainland Chinese residents and travel to Hong Kong, Macao and Taiwan, only in special occasions can be allowed. Now, foreign funded travel agencies that are established in Shanghai and Chongqing and meet the conditions are allowed to engage in out-bounded tourism business, except to Taiwan.


Second, the Private Run Non-Enterprise Organization Registration and Administration Regulation

The term "privately run non enterprise organization" refers to social organizations that are organized by enterprises, institutions, social organizations, other social forces and individual citizens with non-state-owned assets and engage in non-profit social service activities.

Relax the access of private non enterprise units that are funded by foreign investors to establish non-profit Elderly Care Institutions in Tianjin, Hainan, and Chongqing.


This announcement of the alteration can been seen as sign of further openness and cooperation with foreign investment. This also remind foreign investors to always check local policy for any business opportunities. Something not allowed elsewhere may be encouraged in certain cities and areas.



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