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Examination and approval or submission after examination and verification for project proposal and feasibility study report of foreign investment project
(11/24/2003)

Processed by: Shanghai Development Planning Commission (Foreign Fund Utilization Office)
Formalities: 1.Construction project shall conform to the policies and statutes of the state.

Construction entity or its superior authority shall provide the relevant materials (such as project proposal, feasibility study report, etc.) in accordance with the relevant provisions and requirements of the state.
The project proposal shall expound the necessity and possibility of setting up foreign investment projects in a macro perspective. Its main contents include£º

¢ÙThe background of the to-be-constructed project, including the name of unit on the Chinese side, the name of cooperative target, legal representative, country of registration, legal address, the necessity and possibility of investment, etc.;
¢ÚProduct's distributing territory and market analysis;
¢ÛThe estimate for the project's total investment, the amount invested by the Chinese side and the way of its investment;
¢ÜThe source of funds, composition of funds and the conditions of the loan funds;
¢İThe market technology and major equipment to be adopted;
¢ŞPreliminary analysis of the economic benefit.

The feasibility study report mainly includes£º

¢ÙThe background of the project;
¢ÚThe product plan and market demand;
¢ÛThe conditions of supporting facilities, such as resources, raw materials, sources of power and transportation, etc.;
¢ÜConditions for constructing the plant and the scheme for site selection;
¢İSelection of technical equipment and techniques and the selection basis;
¢ŞThe market organization structure and type of operation;
¢ßInvestment estimate and fund raising;
¢àEconomic analysis of the project and assessment for the investment environment.

Procedures: 1. Project proposal: Construction entity puts forward the project proposal, submits to the Shanghai Development Planning Commission after the examination and verification by competent district, county or bureau, and then the Shanghai Development Planning Commission, in joint effort with the relevant authorities, organizes examination and approval or submits to the State Development Planning Commission for examination and approval after the initial examination.

2. Feasibility study report: After receiving the approval reply to the project proposal, the construction entity puts forward the project feasibility study report, and then submits to the Shanghai Development Planning Commission after the examination and verification by competent district, county and bureau, and then Shanghai Development Planning Commission, in connection with the relevant authorities, organizes examination and approval or submits to the State Development Planning Commission for examination and approval after the initial examination.
Charge rate and basis: 1. Notice on Strengthening the Management over Overseas Investment Projects by the State Development Planning Commission Forwarded and Approved by the State Council (G.F.(1991) No. 13)

2. Notice on Printing and Distributing "Provisions on Formulating and Examining the Project Proposal and Feasibility Study Report of Foreign Investment Project" (J.W.Z. [1991] No.1271)
Submitted to: Shanghai Development Planning Commission
Submitted to: Rm. 1102, 200 Renmin Avenue, Shanghai
Basis: 1. Notice on Strengthening the Management over Overseas Investment Projects by the State Development Planning Commission Forwarded and Approved by the State Council (G.F.(1991) No. 13)

2. Notice on Printing and Distributing "Provisions on Formulating and Examining the Project Proposal and Feasibility Study Report of Foreign Investment Project" (J.W.Z. [1991] No.1271)
Tel.: 63212810-2813
Website:
Office hours: 9:00 a.m. - 12:00 a.m. 13:30 p.m. - 18:00 p.m. Monday to Friday
Period: For those project proposals with complete materials and conforming to the requirement of examination and approval, the result of processing will be given within 15 business days since the official acceptance.
Qualification of the applicant: Either the construction entity or its superior authority