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Your Place: China Guide > Doing Business in China > Investment
Hubei--Investment
Published:2008-07-15 20:48    From Site:商务部   Review: Font Size> small   middle   big

(i)Policy and Administrative Rules

Catalogue of Related Laws
Foreign Trade Law of the People’s Republic of China
Customs Law of the People’s Republic of China
Law of the People’s Republic of China on Import and Export Commodity Inspection
Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures
Law of the People’s Republic of China on Chinese-Foreign Contractual Joint Ventures
Law of the People’s Republic of China on Foreign-Capital Enterprises
Company Law of the People’s Republic of China 
Law of the People’s Republic of China on the Entry and Exit Animal and Plant Quarantine
Law of the People’s Republic of China on Control of the Entry and Exit of Aliens
Law of the People’s Republic of China on the Control of the Exit and Entry of Citizens
Securities Law of the People’s Republic of China
Income Tax Law of the People’s Republic of China for Enterprises with Foreign Investment and Foreign Enterprises
Individual Income Tax Law of the People’s Republic of China
Law of the People’s Republic of China on the Administration of Tax Collection
Environmental Protection Law of the People’s Republic of China
Law of the People’s Republic of China on Evaluation of Environmental Effects
Law of the People’s Republic of China on Promotion of Cleaner Production
Law of the People’s Republic of China on Prevention and Control of Desertifi cation
Marine Environment Protection Law of the People’s Republic of China
Law of the People’s Republic of China on the Prevention and Control of Atmospheric Pollution
Law of the People’s Republic of China on Prevention and Control of Environmental Pollution by Solid Waste
Law of the People’s Republic of China on Prevention and Control of Water Pollution
Law of the People’s Republic of China on Prevention and Control of Environmental Noise Pollution
Law of the People’s Republic of China on Prevention and Control of Radioactive Pollution
Frontier Health and Quarantine Law of the People’s Republic of China
Labour Law of the People’s Republic of China
Trade Union Law of the People’s Republic of China
Searching Website for the Related Laws
1 . Searching System of Law sand Regulations of China (website of National People’s Congress of China)
http://law.npc.gov.cn:87/home/begin1.cbs
2. China Legislative Information Network System
http://www.chinalaw.gov.cn/jsp/jalor/index.jsp
3. Ministry of Commerce
http://www.mofcom.gov.cn
the above-mentioned websites are for reference only.

(ii)List of Predominant Industries for Foreign Investment in Hubei

1. Storage, fresh-keeping and processing of grains, vegetables, products of poultry & livestock and aquatic products
2. Forestation and import of forest of fi ne variety
3. Comprehensive utilization of bamboos
4.Rational exploitation, utilization and protection projects of water resources
5. Aquiculture and deep-processing of aquatic products
6. Technical innovation for cotton textile and Dyeing & Printing
7. Processing of cloth and top grade clothing
8. Construction and management of highway, independent bridges and tunnels
9.Construction and management of wind power station
10. Exploitation of phosphate ore, production of high-analysis phosphate and chemical product of phosphate & salt
11. Manufacture of auto parts
12. Manufacture of large environmental protection equipment
13. Development and manufacture of new electronic components
14. Exploitation and deep-processing of graphite

(iii)Procedures for Enterprise Establishment



(iv)Living Environment

Living environment in Hubei is good. By the end of 2005, the urbanization rate in Hubei reaches 33%, and the forest coverage rate reaches 45.97%. The waste disposal capacity increases to 14,700 tons per day. from 13,500 tons per day in 2003, which reaches the standard of no harm or almost no harm. The concentrated disposal rate for household waste reaches 61%. There are now 32 household sewage disposal sites, with the
disposal capacity at 2,074,500 tons per day. In 2005, the air quality is improved. Among the 17 key cities of the province, the up-tostandard rate of air quality is 65%, increased by 18% compared with the previous year.
Medical & Sanitation. There are 566 hospitals, and 95,186 berths in the province. There are complete systems of public health such as the disease control center. The study on cardiovascular, otolaryngology, and oral cavity is on top.


(v)Reference Prices of Basic Elements
Price of Water, Electricity, and Land in Hubei Province in 2005




Summary of Hubei Labor Force Salary in 2005








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