Since the reform and opening-up policy was introduced in 1978,
especially in the past ten (10) years, the People's Republic of
China (the "PRC" or "China") has undergone
significant changes. China is a growth engine for the worldwide
economy, fueling global expansion via higher output and trading
relationships with other nations as well as greater contributions
from domestic consumption. Over last nine (9) months of 2011, China
has already attracted contractual inbound foreign direct investment
of USD177.8 billion. Notwithstanding China's status as one of
the world's largest economies, and the massive amounts of
foreign money invested in China, the basic laws and rules in China
governing foreign investment seems mysterious for those who want to
invest in China or are accustomed to laws of their countries.