Shangling: The Ministry of Commerce is currently studying the field of e-commerce for foreign investment liberalization

Source: Internet
Author: User
Keywords Electrical business
Tags business cat company company law compared daily economic news data economic

On January 9, Shangling, deputy director of the Department of Foreign Investment Management at the Ministry of Commerce, said in an interview with the Daily economic news reporter that the Ministry of Commerce was currently studying the field of E-commerce for foreign investment.

In the third quarter of 2013, , the size of the Chinese online shopping market was 454.76 billion yuan, a 42.4% increase in the same period compared to 2012, according to the data from Eric's consulting, while the cat accounted for 51.1% of the market in the market. Beijing Shi accounted for 17.5%, Amazon China accounted for 2.6% of the market, 1th stores accounted for 2.7%.

Because E-commerce Company's operating content is very extensive, may involve the on-line payment, software development, Network sale, the internet operation and so on many kinds of services. Therefore, the access policy for foreign-invested e-commerce companies also needs to be interpreted from a number of levels.

The 18 session plenary proposed to relax investment admittance, unify the laws and regulations of foreign capital, keep the policy of foreign capital stable, transparent and predictable, promote orderly opening of financial services, education, culture, medical service and so on, and open up the admittance restrictions of foreign investment in the areas of service, such as nursing, building design, To further liberalize the general manufacturing industry.

It is a work that the Ministry of Commerce is carrying out to study the investment admittance and opening of these industries.

Shangling said that there is no specific release timetable, the Ministry of Commerce is working with the relevant national ministries and departments to study the restrictions on foreign investment in these industries, to study whether to cancel or break through the existing restrictions. She cited the phasing out of restrictions on foreign investment by telecoms and logistics.

At present, the proportion of foreign investment in E-commerce is not more than 50%, in the Shanghai FTA and under CEPA, the proportion of foreign investors to the electricity dealers increased, but not more than 55%. Shangling said the Ministry of Commerce was studying the possibility of a breakthrough in the restrictions and the possibility of releasing them altogether.

The revision of the "Three laws" of foreign capital under the laws and regulations of foreign capital has been included in the 12 NPC Standing Committee's five-year legislative plan. The Ministry of Commerce is responsible for drafting the draft law.

Because of the "three laws" involving foreign investment, foreign joint ventures and foreign cooperation, the third law of foreign capital is in conflict with some of the provisions in the company law, the law of Securities and the law of contract. As a result, the State considers the uniform application of a "company law" or other law to foreign capital.

In addition, a security review will be conducted in the area of foreign investment where there is a need for restrictions.

Shangling said that the Shanghai FTA has carried out the reform of foreign investment management system based on negative list and prior national treatment, other approved FTA areas will also use a negative inventory model for foreign investment access, but each FTA may be different from the industry that carries out exploratory trials.

According to the Ministry of Commerce statistics, 2013 years ago in November, the national new batch of foreign-funded enterprises set up 20,434, down 9.19%, the actual use of foreign capital amounts to 105.506 billion U.S. dollars, an increase of 5.48%.

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