♦ Establishment and function of the foreign investment promotion center:
– In order to efficiently support foreign investors, the foreign investment promotion center shall be established in the central administrative bodies, major metropolitan areas as well as
‘shi’ (cities), ‘gun’ (counties), and ‘gu’ (districts). The center shall set up a cooperative
system with relevant agencies and allow the smooth flow of administrative duties including
approvals, licenses, permissions, certificates, notifications, recommendations, consulta-
tions, etc.
– Duties include the following:
• Checking and supporting administrative processes;
• Filling out and submitting documents related to foreign investment;
• Promoting, attracting and supporting foreign investment;
• Accepting, investigating and processing grievances of foreign investors or foreign-invested companies;
• Exchanging information and cooperating with relevant institutions;
• Other administrative support services.
♦ Establishment and function of the foreign investment promotion committees
– The committees shall be set up in the major metropolitan cities and provinces and conduct the following duties:
• Planning with regard to attracting, promoting and supporting foreign investment;
• Consulting the grievance solution process of foreign investors or foreign-invested companies;
• Consulting administrative duties;
• Other measures that the governors of the metropolitan cities or provinces find necessary to promote foreign investment.