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Jilin enacts 100 policies to further open up
Updated: Mar 19, 2019
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2. Investment and trade
There are 11 supportive policies linked to investment and trade, mainly centering on foreign trade.
Firstly, the minimum registered capital requirements for foreign-funded companies shall be abolished and a unified registered capital system for both provincial and foreign-funded enterprises shall be implemented, unless otherwise stipulated in laws and administrative regulations. In addition, the province will optimize the procedures of customs clearance at ports, accelerating the efficiency of information sharing between customs and railways.
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