A: The documents are: application form; project proposals; feasibility report;
agreement of contract for equity joint ventures or contractual joint ventures;
each party's business license, credit certificate issued by a bank and certified
identification of a legal person; name list of candidates for president, vice
president and directors nominated by all parties of the equity joint venture;
other relevant documents and certificates. For in vestment in airlines, tourist
charter flight companies, the tobacco industry, travel agencies, mining, retail,
foreign trade, and financial sectors, investors should apply in advance for examination
and approval of the relevant departments of Tibet Autonomous Region, including
the Tibet Civil Aviation Administration, the Tobacco Monopoly Administration,
the Department of Foreign Trade and Economic Cooperation, Domestic Trade Bureau,
Tourism Administration, Lhasa Branch of the people's Bank of China, and Geological
and Mining Administration. After verification these departments will report to
the state for approval. Prefectures, cities or responsible departments are
authorized to verify and approve projects with an investment below the level of
10 million yuan. For projects concerning state security, public health, eco-environmental
protection and resource monopolies, investors should apply to the Development
Planning Commission of Tibet Autonomous Region for approval. |