Home | Hotels | Hotels Video | China Flights | China Train Tickets | Main cities | China map | Contact us | Reservation Status  

 China Law information


Notice of the General Administration of Civil Aviation of Chinaand the Ministry of Foreign Trade and Economic Cooperation ConcerningRelevant Policies on Foreign Investment in Civil Aviation

Notice of the General Administration of Civil Aviation of Chinaand the Ministry of Foreign Trade and Economic Cooperation ConcerningRelevant Policies on Foreign Investment in Civil Aviation (Promulgated on May 6, 1994) Whole document Notice of the General Administration of Civil Aviation of China and the Ministry of Foreign Trade and Economic Cooperation Concerning Relevant Policies on Foreign Investment in Civil Aviation (Promulgated on May 6, 1994) The people's government of each province, autonomous region and municipality directly under the Central Government, each ministry, commission and department directly under the State Council: In order to accelerate the development of civil aviation and enhance the operation and management level, it is approved by the State Council that, on the principle of taking the construction with state investment as the main sector, foreign investors may, subject to certain conditions, invest in civil aviation. Relevant policies are hereby notified as follows: 1. Foreign investment in airport construction (1) Foreign investors may invest in the construction of civil airports (excluding any airports that are both civil and military, similarly hereinafter), flying areas (including runways, taxiing ways and parking aprons) by means of either an equity joint venture or a cooperative joint venture, within the territory of the People's republic of China, with the Chinese capital investment constituting more than fifty-one per cent of the enterprise's registered capital and the offices of chairman of the board of directors and of general manager being assumed by the Chinese side.

(2) Preference shall be given to foreign investors who invest in the construction of the flying areas of civil airports as well as such auxiliary projects as terminal building (excluding the construction and management of VIP rooms), cargo warehouse, ground service, airplane repairing, air catering, airport hotel and restaurant, aviation fuel, etc. In case of the terminal building construction projects, the capital contribution from the Chinese side shall constitute more than fifty-one per cent and the offices of chairman of the board of directors and of general manager shall be assumed by the Chinese side.

A foreign-invested enterprise investing in the construction of the flying area of a civil airport may, subject to approval, properly expand its business scope to undertake the operation of such airport auxiliary projects as terminal building, cargo warehouse, ground service, airplane repairing, air catering, airport hotel and restaurant, aviation fuel, etc.

(3) Air traffic control systems shall be invested in and managed by the state only, not by foreign investors.

2. Foreign investment in establishment of air transport enterprises (1) Foreign investors, and in the first place foreign air transport enterprises, may, jointly with Chinese air transport enterprises, invest in establishment of air transport enterprises by means of either an equity joint venture or a cooperative joint venture.

(2) Foreign investors, and first and foremost foreign air transport enterprises, may establish air transport enterprises by means of purchasing shares from or jointly holding shares with Chinese air transport enterprises.

(3) Where a foreign investor invests in establishment of an air transport enterprise, the General Administration of Civil Aviation of China shall, together with the departments concerned, choose one or two air transport enterprises as experimental units. After these experimental units get ripe, their experience will be gradually spread.

(4) Where a foreign investor invests in establishment of an air transport enterprise, the ownership of the foreign investor shall not constitute more than thirty-five per cent of the enterprise's registered capital or the paid-in capital, and the foreign deputy shall not exceed twenty-five per cent of the right to vote.

(5) The offices of chairman of the board of directors and of general manager of an air transport enterprise established with foreign investment shall be assumed by the Chinese side. Managing staff below deputy manager (s) may be chosen or invited on the basis of competitive selection from the Chinese and sides by the general manager according to needs.

(6) Air transport enterprises established with foreign investment shall enjoy the same treatment in all items of tax as the home enterprises of the same kind do.

(7) No foreign airport authorities and aviation authorities shall be allowed to invest in China to establish any air transport enterprises.

3. Foreign investors may, by means of either an equity joint venture or a cooperative joint venture, invest in general-purpose aviation enterprises in agriculture and forestry the foreign investment ratio of which shall be decided through consultation by the Chinese and foreign sides.

4. Establishment of civil aviation enterprises with foreign investment shall obtain prior permission from the General Administration of Civil Aviation of China. In examining and approving the projects above the limitation amount, the State Planning Commission should examine and approve the project report and feasibility study report, and MOFTEC should examine and approve the contract and articles of association; in examination and approval of the projects below the limitation amount, the General Administration of Civil Aviation China shall examine and approve the project report and reasonability study report, and MOFTEC shall examine and approve the contract and articles of association. Separate establishment of a foreign investment enterprise for airport projects as provided for in item 2, Article 1 shall be handled auxiliary according to these Regulations.

5. The General Administration of Civil Aviation of China and its administrative bureaus at the local levels shall exercise administration and supervision over the business operations of the civil aviation enterprises with foreign investment according to law.

6. If a company, enterprise, other economic organization or individuals in Hong Kong, Macao and Taiwan invests in or participates in holding shares of an aviation enterprise in the mainland, matters shall be handled with reference to this Notice.

y (5) The offices of chairman of the board of directors and of general manager of an air transport enterprise established with foreign investment shall be assumed by the Chinese side. Managing staff below deputy manager (s) may be chosen or invited on the basis of competitive selection from the Chinese and sides by the general manager according to needs.

(6) Air transport enterprises established with foreign investment shall enjoy the same treatment in all items of tax as the home enterprises of the same kind do.

(7) No foreign airport authorities and aviation authorities shall be allowed to invest in China to establish any air transport enterprises.

3. Foreign investors may, by means of either an equity joint venture or a cooperative joint venture, invest in general-purpose aviation enterprises in agriculture and forestry the foreign investment ratio of which shall be decided through consultation by the Chinese and foreign sides.

4. Establishment of civil aviation enterprises with foreign investment shall obtain prior permission from the General Administration of Civil Aviation of China. In examining and approving the projects above the limitation amount, the State Planning Commission should examine and approve the project report and feasibility study report, and MOFTEC should examine and approve the contract and articles of association; in examination and approval of the projects below the limitation amount, the General Administration of Civil Aviation China shall examine and approve the project report and reasonability study report, and MOFTEC shall examine and approve the contract and articles of association. Separate establishment of a foreign investment enterprise for airport projects as provided for in item 2, Article 1 shall be handled auxiliary according to these Regulations.

5. The General Administration of Civil Aviation of China and its administrative bureaus at the local levels shall exercise administration and supervision over the business operations of the civil aviation enterprises with foreign investment according to law.

6. If a company, enterprise, other economic organization or individuals in Hong Kong, Macao and Taiwan invests in or participates in holding shares of an aviation enterprise in the mainland, matters shall be handled with reference to this Notice.

y


Search China Hotels China Hotels:
Please Select a City:
Find Your Hotel With China Map
Check-in:
Show Calendar
Check-out:
Show Calendar
Currency Adults Child

Search China Flight Ticket China Flight:
One Way Round-Trip
Departure city:
Destination:
Departure date:
Return date:



China Cities:
China Introduction
Beijing Travel Info
Changchun Travel Info
Changsha Travel Info
Chengde Travel Info
Chengdu Travel Info
Chongqing Travel Info
Dali Travel Info
Dunhuang Travel Info
Guilin Travel Info
Haikou Travel Info
Hangzhou Travel Info
Harbin Travel Info
Nanning Travel Info
Ningbo Travel Info
Qingdao Travel Info
Shanghai Travel Info
Shenyang Travel Info
Shenzhen Travel Info
Suzhou Travel Info
Taian Travel Info
Tianjin Travel Info
Weihai Travel Info
Wuyishan Travel Info
Xiamen Travel Info
Xian Travel Info
Yangzhou Travel Info
Zhuhai Travel Info

China Hotels
Aksu
Alxa
Anqing
Anshan
Anshun
Anyang
Baishan
Baoding
Baoji
Baotou
Bazhong
Beidaihe
Beihai
Beijing
Bengbu
Binzhou
Bozhou
Cangzhou
ChangChun
Changde
Changsha
Changshu
Changzhi
Changzhou
Chaohu
Chaoyang
Chaozhou
Chengde
Chengdu
Chenzhou
Chifeng
Chongqing
Chuxiong
Chuzhou
Cixi
Dali
Dalian
Dandong
Daqing
Datong
Daxinanling
Daye
Dehong
Dengfeng
Deyang
Dezhou
Dongguan
Dongxing
Dongying
Dujiangyan
Dunhuang
Emeishan
Enshi
FangChengGang
Fenghua
Fenghuang
Foshan
Fuding
Fushun
Fuyang
Fuzhou
Ganzhou
Guang'an
Guangyuan
GuangZhou
Guilin
Guiyang
Haikou
Haining
Handan
Hangzhou
Harbin
Hefei
Hegang
Heihe
Hengshui
Hengyang
Hetian
Heyuan
Heze
Hohhot
HongKong
Huaian
Huaibei
Huaihua
Huainan
Huangshan
Huangshi
Huizhou
Hulunbeier
Huzhou
Ji'an
Jiamusi
Jiangmen
Jiangyin
Jiaozuo
Jiaxing
Jiayuguan
Jieyang
Jilin
Jinan
Jincheng
Jingdezhen
Jinggangshan
Jingmen
Jingzhou
Jinhua
Jining
Jinzhong
Jiuhuashan
Jiujiang
Jiuquan
Jiuzhaigou
Jixi
Jiyuan
Kaifeng
Kaiping
Karamay
Kashen
Korla
Kunming
Kunshan
Langfang
Lanzhou
Leshan
Lhasa
Lianyungang
Liaocheng
Liaoyang
Lijiang
Linfen
Linyi
Lishui
Liuzhou
Longyan
Loudi
Luoyang
Lushan
Maanshan
Macau
Maoming
Meishan
Meizhou
Mianyang
Mudanjiang
Nanchang
Nanchong
Nanjing
Nanning
Nanping
Nantong
Nanyang
Ningbo
Ningde
Ordos
Panjin
Panzhihua
Penglai
Pingxiang
Pingyao
Putian
Putuoshan
Qian'nan
Qiandaohu
Qiandongnan
Qidong
Qingdao
Qingyuan
Qinhuangdao
Qionghai
Qiqihaer
Qitaihe
Quanzhou
Qufu
Qujing
Quzhou
Rizhao
Ruian
Sanmenxia
Sanming
Sanya
Shanghai
Shangrao
Shangri-la
Shantou
Shanwei
Shaoguan
Shaoshan
Shaoxing
Shenyang
Shenzhen
Shijiazhuang
Shishi
Shiyan
Shouguang
Suining
Suizhou
Suqian
Suzhou(Jiangsu)
Taian
Taicang
Taiyuan
Taizhou(Jiangsu)
Taizhou(Zhejiang)
Tangshan
Tengchong
Tianjin
Tianshui
Tieling
Tonghua
Tongliao
Tongling
Tongren
Turpan
Urumqi
Wanning
Weifang
Weihai
Weinan
Wenshan
Wenzhou
Wuhai
Wuhan
Wuhu
Wuwei
Wuxi
Wuyishan
Wuzhishan
Wuzhou
Xiamen
Xian
Xian'ning
Xiangfan
Xiangtan
Xianyang
Xiaogan
Xichang
Xilinhot
Xingyi
Xining
Xinxiang
Xinyu
Xinzhou
Xishuangbanna
Xitang
Xuchang
Xuzhou
Ya'an
Yancheng
Yandangshan
Yangjiang
Yangquan
Yangshuo
Yangzhou
Yanji
Yantai
Yibin
Yichang
Yichun
Yichun(Jiangxi)
Yinchuan
Yingkou
Yining
Yiwu
Yixing
Yiyang
Yongzhou
Yueqing
Yueyang
Yulin(Guangxi)
Yulin(Shaanxi)
Yuncheng
Yunfu
Zaozhuang
Zhangjiagang
Zhangjiajie
Zhangjiakou
Zhangzhou
Zhanjiang
Zhaoqing
Zhengzhou
Zhenjiang
Zhongshan
Zhongwei
Zhoukou
Zhoushan
Zhouzhuang
Zhuhai
Zhuji
Zhuzhou
Zibo
Zigong
Zunyi
| Home | Hotels | Hotels Video | China Flights | Flights Schedule | Pickup Service | Travel Packages | Affiliate | Add your hotels | Interprete Italiano-Cinese | Contact | Site Map | Link | FAQ | About Us
Copyright © 2001-2024 China Hotels Reservation - All Rights Reserved
Europe Office: ChinaHotelsReservation- Via Gerolamo Forni 64 - 20161 Milano - Fax 0291390522
China Office: China Travel(Hualv) Business co.,Ltd. - Tel 0086-577-88555070 Fax 0086-577-88522570
Xishan Donglu Xicen Gongyu 7 Zhuang 802 - 325005 Wenzhou China