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Provisional Measures of Guangzhou Municipality on
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1984.10.24
GUANGDONG PROVINCE
 PROVISIONAL  MEASURES  OF  GUANGZHOU  MUNICIPALITY ON PREFERENTIAL
TREATMENT FOR OVERSEAS CHINESE AND HONG KONG AND MACAO INVESTORS
 (Promulgated 24 October 1984 by the Guangzhou Municipal People's
Government)
 These  Measures,  formulated in order to encourage Overseas Chinese
and Hong Kong  and  Macao  compatriots to invest in Guangzhou
Municipality  in accordance  with  the  requirements of municipal
economic  construction  and  social   development  plans,stipulate
preferential  terms  which  shall  be awarded  to  parties which
invest  in  Guangzhou Municipality in a sole investment operation,
a  joint equity or co-operative venture with a State or collective
enterprise, or in any other form of investment authorised in China:
(1) Land use fees for enterprises invested in by an Overseas Chinese,
Hong Kong  or  Macao  compatriot in Guangzhou Municipality shall be
levied at the discounted rate of 80%.
 (2)  The proportion of domestic sales of products manufactured
by an enterprise  invested in by an Overseas Chinese, Hong Kong
or  Macao compatriot  shall be increased to the greatest possible
extent, provided the enterprise's  foreign  exchange  income and
expenditure balance is not affected.
 (3)  Where  an  Overseas Chinese or a Hong Kong or Macao compatriot
has made an important contribution to the economic and cultural
development of Guangzhou Municipality, one of a variety of honorary
titles,  certificates of  merit  or  citations  may  be  issued,
subject  to  recommendation by a municipal,  regional  or county
United Front Department or Overseas Chinese Affairs Department and
approval by an equal level People's Government. If a particularly
outstanding  contribution is made, the party concerned may be honoured
with  a  monument  or  the title of "Honorary Citizen of Guangzhou
Municipality",  subject  to the approval of the Guangzhou Municipal
People's Congress or the Guangzhou Municipal People's Government.
 (4)  Where  an Overseas Chinese or a Hong Kong or Macao compatriot
imports advanced technology and invests in a project urgently required
in Guangzhou Municipality,  or in the technological renovation of an
old enterprise or in the operation of a development industry, and
the actual investment at on time is US$300,000 (US$200,000 for the
eight  municipally administered counties),  one of the investor's
relatives  or friends who holds rural household registration shall be
permitted to change this status to urban or township  household
registration at the place where the enterprise is to be located, and
shall  be  entitled to purchasing rights for commodity cereal food
supplies. Where the actual amount of investment at one time is US$600,
000  (US$400,000  for  the eight municipally administered counties),
two of the investor's relatives or friends who hold rural household
registration shall  be permitted to change their status to urban or
township household registration at the place where the enterprise is
to be located, and shall be  entitled to purchasing rights for
commodity cereal food supplies. Change of status requests shall be
limited to two persons per project.
  Where  the  actual  amount of investment at one time in a
non-production type project in Guangzhou Municipality by an Overseas
Chinese or a Hong Kong or Macao compatriot is US$600,000 (US$400,
000  for  the eight municipally administered counties), one of the
investor's relatives or friends holding rural household registration
shall  be permitted to change this status to urban or township
household registration shall be permitted to change this status to
urban  of township household registration at the place where the
enterprise  is to be located, and shall be entitled to purchasing
rights for commodity cereal food supplies. Where the actual amount
of investment at one  time is US$1,200,000 (US$800,000 for the eight
municipally  administered  counties),  two  relatives  or  friends
holding rural household registration shall be permitted to change
their status to urban or township household registration at the
place where the enterprise is to be located,and shall be entitled to
purchasing rights for commodity cereal food supplies. Change of status
requests shall be limited to two persons per project.
  An   application  for  a  transfer  from  rural  household
registration  to household  registration  in Guangzhou Municipality
shall be submitted to the Guangzhou Municipal People's Government
for examination and approval. An application for a transfer from rural
household registration to county town or market township hou

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