The Procedure of Establishing FIEs in Wuhan

Examining and Approving Powers of the Competent Government Authorities at Different Levels:

The examining and approving government authorities are Wuhan Foreign Investment Office, Administrative Committee of Wuhan Economic and Technological Development Zone, Administrative Committee of Wuhan East Lake High-tech Development Zone and Foreign Investment Section of District Government.

Projects with total investment under US$30,000,000.00 shall be examined and approved by Wuhan Foreign Investment Office.

Manufacturing projects with total investment under US$30,000,000.00 and non-manufacturing projects with total investment under US$5,000,000.00 in Wuhan Economic and Technological Development Zone and Wuhan East Lake High-tech Development Zone shall be examined and approved by their respective Administrative Committees and shall be further ratified by Wuhan Foreign Investment Office.

Projects with total investment under US$10,000,000.00 to be established by an enterprise affiliated to a district government shall be examined and approved by the relevant Foreign Investment Section of District Government and shall be further ratified by Wuhan Foreign Investment Office.

Projects with total investment above US$30,000,000.00, involving quota and license administration of the state or with limitation on using foreign exchange shall be examined by Wuhan Foreign Investment Office and approved by MOFTC and other relevant authorities.