Pudong's new five year economic development plan

by Lulu Zhang, Shanghai Regional Partner, Dezan Shira & Associates

Since 1953, the Chinese Government has announced a new national economic plan every five years. Currently the 10th "five year plan" is effective from 1 January 2001 to 31 December 2005. Based on these general policies from central government, individual cities and district government authorities design new benefit schemes for business organisations to encourage business activities in their region.

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This article included in China Briefing Magazine

November 2005: Establishing FICE and distributing Products in China

Other articles in this issue: Establishing Foreign Invested Commercial Enterprises to handle Product Distribution in China by Chris Devonshire-Ellis, Senior Partner, Dezan Shira & Associates Total Investment Capital & Registered Capital Allocations in China by Chris Devonshire-Ellis, Senior Partner, Dezan Shira & Associates Consolidated Measures on Advance Recovery of Investment by Sabrina Zhang, North China Regional Partner, Dezan Shira & Associates Social security payments for Hong Kong, Macau and Taiwanese residents working in the Mainland by Alberto Vettoretti, South China Regional Partner, Dezan Shira & Associates