Business Environment and Opportunities in China

I Shanghai — A Profile and an Overview.- 1.1 Strategic Location and Hinterland.- The Shanghai Municipality.- Jiangsu Province.- Zhejiang Province.- Shanghai’s Hinterland.- 1.2 Shanghai’S History.- The Old City.- The Beginnings of Foreign Settlement: 1843.- The Taiping Rebellion.- Municipal Developments: 1860–1870.- Developments in the Settlement: 1860–1870.- The First Riot in Shanghai: 1874.- The Beginnings of the Industrial Revolution.- Effects of the Industrial Revolution.- The Extension of the Settlement: 1898–1899.- Shanghai Before the Revolution.- Economic Development at the Turn of the Century.- Political Developments in Shanghai from 1911–1930s.- Shanghai Under Japanese Occupation: 1937–1945.- Developments in Shanghai After World War II.- From Central Planning to Market Economy: 1978–1997.- 1.3 Population Structure.- Family Planning.- Female Infanticide.- The Impact of the Economic and Construction Boom.- 1.4 Economic Structure.- Trade Structure.- Waigaoqiao Free Trade Zone.- Trade Fairs and Exhibitions.- Industry Structure.- Six Pillar Industries.- Jiangsu and Zhejiang Provinces.- Agriculture.- Shanghai’s Economic Advantages.- Strategic Location.- Container Harbour.- Highly Qualified People.- Industrial Centre.- 1.5 Living Conditions.- Housing.- Income Tax.- Shopping.- Entertainment.- Health and Hospitals.- Education.- Recreation and Parks.- II Policies and Institutions in Shanghai, China.- 2.1 Economic Development Plannning.- The Planning system of the People’s Republic of China.- 2.2 Regulations and Laws Relating to Foreign Investors.- Legal System of the PRC: Historical Development.- Commercial Law Relating to Foreign Investment.- Enterprise and Company Law.- Foreign Trade Laws.- Trade Regulations.- Customs and Tariff Regulations.- 2.3 Laws and Provisions on Foreign Direct Investment (FDI).- The Legal Forms for FDI.- Equity Joint Ventures (EJVs).- Co-operative (Contractual) Joint Ventures (CJVs).- Wholly Foreign-Owned Enterprises (WFOEs).- Holdings / Investment companies.- Representative offices (Rep offices).- 2.4 Project Approval Process and Related Institutions.- Setting up a Joint Venture (JV).- Setting up a Wholly Foreign-owned Enterprise (WFOE).- Setting up a Holding / Investment Company.- Setting up a Foreign Investment Company Limited by Shares (FICLS).- Setting up a Representative Office.- 2.5 Labour Law.- 2.6 Financial Reporting and Auditing.- 2.7 Regulations on Taxation.- 2.8 Industrial and Intellectual Property Rights.- 2.9 Patent Law.- 2.10 Trademark Law.- 2.11 Copyright Law.- 2.12 Transfer of Technology.- 2.13 Competition Law.- 2.14 Financial Institutions.- The Banking Industry.- Foreign Banks in Shanghai.- Interbank Borrowing and Lending Services.- Payment Clearance and Settlement.- The three-corner-debt.- 2.15 The Exchange System and Currency Services.- Foreign Exchange Services in Domestic and Foreign Banks.- 2.16 Trade Financing Services.- 2.17 Money Markets and Capital Markets.- a) Money Markets.- b) Capital Markets.- The Shanghai Securities Exchange (SSE) and Securities Houses.- 2.18 Business Associations (Chambers of Commerce, Informal Associations).- ‘Guanxi’ or the Asian Network in Shanghai.- Western Substitutes for ‘Guanxi’.- Official Representations.- Semi-official Institutions.- Informal Clubs.- Commercial Companies.- 2.19 Evaluation of Policies and Institutions.- Evaluation of the Legal Institutions.- Evaluation of the Informal Associations.- III Infrastructures and Facilities in Shanghai.- 3.1 Transportation.- Airports.- Roads.- Harbours.- Rail.- 3.2 Communication.- Telecommunications.- Information Technology.- 3.3 Utilities.- Utilities Development: The 8th five-year Plan 1990–1995.- Electrical Power Supply.- Gas Supply.- Water Supply.- Some Observations.- 3.4 Industrial Zones.- Caohejing High-Tech Park, Shanghai.- Shanghai Minhang ETDZ.- Shanghai Hongqiao ETDZ.- Pudong New Area.- Jinqiao Export Processing Zone.- Lujiazui Finance and Trade Zone.- Zhangjiang High-Tech Park.- The China Singapore Suzhou Industrial Park.- IV Opportunities in the Different Sectors in Shanghai’s Development.- 4. Sectional Emphasis of Development Thrust.- 4.1 Development of the Financial Sector in China.- Financial Sector Policies and Development in China.- 4.2 Insurance Business: From Monopoly to Oligopoly.- 4.3 Tourism, Trade and Other Services.- 4.4 Construction.- 4.5 Manufacturing.- The Automobile Industry.- 4.6 Agriculture, Forestry, Fishing.- Agriculture.- Forestry.- Fishing.- Mining.- Appendix 1: Brief Case Outlines of Selected Companies Operating in Shanghai Region.- Appendix 2: Foreign Consulates in Shanghai.- Appendix 3: Foreign Trade / Business Organisations in Shanghai.- Appendix 4: Clubs for Foreigners in Shanghai.- Appendix 5: Commercial Information Providers in Shanghai.- Appendix 6: Shanghai’s Three Development Zones.- Appendix 7: Banking Services.