Contact Us
No.3 Xiu Shui Nan Jie
Jan Guo Men Wai
Beijing 100600
P. R. China
Tel: 0086-10-65325258
Fax:0086-10-65325591
E-mail: [email protected]
[email protected]

PART EIGHT
The Investment Board

26. Members of the Board
1) The number of members of the Investment Board shall be determined by Government.
2) The Minister of Trade and Industry shall be the Chairperson of the Investment Board.
3) The members of the Board shall be drawn from Government and private sector.
4) The Director General of the Authority shall be a member of the Board.
5) The Board shall have its own Secretariat. The powers and duties of the Secretariat shall be determined by the internal rule of procedures of the Board.

27. Powers and Duties of the Board
The Board shall:
1) supervise and follow up, as the superior authority, the
implementation of this Proclamation and the activities of the
Authority;
2) decide on policy issues arising in connection with the implementation of this Proclamation;
3) issue directives necessary for the implementation of this Proclamation and regulations issued hereunder;
4) submit, as necessary, amendments on investment incentives, to the Council of Ministers for approval;
5) decide on appeals submitted to it by investors against decisions of the Authority;
6) determine service fees to be charged by the Authority;
7) approve the annual work program and budget of the Authority;
8) publicly notify investors of directives it issues from time to time;
9) whenever it deems necessary, decide on new or additional incentives, other than what is provided for under the Investment Incentives Regulations and submit same to the Council of Ministers for approval.

28. Meetings of the Board
1) The Board shall meet regularly once in a month. However, it may
hold extra-ordinary meetings at any time when necessary.
2) There shall be a quorum where more than half of the members are
present at meetings of the Board.
3) Decisions of the Board shall be passed by a majority vote.
However, the chairperson shall have a casting vote in case of a tie.
4) Without prejudice to the provisions of this Article, the Board shall
draw up its own rules of procedure.