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The Approval of Submission of Loan Scheme that Makes Indirect Use of Foreign Capital
(06/21/2005)
Responsible Department: Shanghai Development and Reform Commission (Department of Foreign Investment Promotion)
Procedures:
1. The construction project shall meet the requirements of overall economic and social development planning and other relevant laws and regulations.
2. The construction company or its supervising authority shall provide relevant loan scheme.
Procedures:
1. Supervising district (county) level government or bureaus shall submit the application to Shanghai Municipal Development and Reform Commission and supervising authorities.
2. Shanghai Municipal Development and Reform Commission will then submit the application to State Development and Reform Commission after preliminary approval.
3. State Municipal Development and Reform Commission will publicize the project after taking into consideration the overall situation. With approval from World Bank (Asia Development Bank), the project will be included into the Three-year Loaning Scheme of World Bank of Asia Development Bank.
Fees and Collection Standard:
Submitted to:
Address: Room 1104B, #200 People's Avenue
audituser :
According To:
1. "Circular on Printing and Distributing 'Measures (provisional) on the Administration of Foreign Government Aid'" (W.J.M.D.F. (No.305)
2. "Circular on Strengthening the Administration of Projects that Use International Commercial Loans" (J.W.Z. (1993) No.2555)
3. "Opinions of the State Council on the Administration of State Planning Commission on the Usage of Foreign Loan" (G.F. (1986) No.83)
4. "Regulation of Shanghai Municipality on Foreign Debt", (Decree No.31 (90) of Shanghai Municipal People's Government)
Telephone: 63212810-2813
Web-site:
Working Hours:
Duration of Procedures: According to certain regulations
Qualification of Applicants: Applicant, its supervising authority or district (county) government