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¡¡Wholly
Owned Foreign Enterprise
| This is an enterprise set
up in Tianjin by a company, enterprise, economic organization
or individual from a foreign country or region with
the entire capital funded from overseas. The branches
of foreign enterprises or other economic organizations
residing in China are not included in the category.
Foreign investors can make their contribution in freely
covertible foreign currencies, it can also be machinery
and equipment, industrial property rights, technical
knowhow, ect. at agreed values. Approved by the examining
and approving organization their captial contribution
could also be their profits in Reminbi derived from
other overseas invested enterprises in China.
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