Welcome to ChinaInvest.biz Magazine - February 2010 Issue

ChinaInvest.biz Media Limited is a member of Klako Group and will be providing monthly insight into investment, tax and operational issues for foreign companies entering and operating in China.

With the issuance of the new regulations by the Shanghai Administrative Bureau for Industry and Commerce (上海市工商行政管理局) for Shanghai-Registered Representative Offices, in this issue we
aim to outline these new regulations as we do expect that other provinces across China, including Beijing, will announce similar measures in the near future. It is important to provide companies looking
for the most effective solution to enter the market with the necessary establishment and operational details. In addition Representative Offices already established in China should be aware of new updates
and they may need tips on how to operate more successfully in China.

We hope this information can be an informative tool for all companies looking to establish or are already operating Representatives Offices in China.

Establishment and Operation of a Representative Office in China
By Klaus Koehler, Managing Director, Klako Group

Currently all Foreign Invested Enterprises (FIEs), in particular Small and Medium-sized Enterprises (SMEs) are going through challenging times to manage their domestic and international operations. With the global financial crisis on everyone’s mind, SME’s are revisiting the idea of China in order to survive the downturn. At the moment they are taking a wait-and-see attitude and may relocate many of their operations to China in order to incur lower-costs.

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All information in this report is verified to the best of our ability and is assumed to be correct at time of release; however, Klako Group does not accept responsibility for any losses arising from reliance on the information provided within.

Interview with Gottfried Hofmann, Managing Director of Fiwa Group Asia Limited

The history of the company starts in the year 1972 with the foundation of the Finze & Wagner engineering office in Burghausen (Bavaria), the location of our head office till today. Only a few years later the intensive extension of the company started with a strong upwards trend, even intensifying its dynamics later on.

Result: Today our company consists of several branch offices in Europe and Asia, and is a majority shareholder of innovative companies producing highly specialized measuring systems.

Concept: Finze & Wagner is a pure engineering enterprise and offers all-in-one well-founded professional engineering and design within the sectors of process automation, process control, measurement and control technology, weighing technology, environmental and water technology, electrical planning, facility services technology, communication and safety technology as well as software development for the chemical and petrochemical industries, pharmaceutical industry, environmental technology, food industry and the steel industry. The companies of FIWA group have more than 200 employees working at this time. They are improving their advisory skills and their abilities in project management and teamwork continuously in specially chosen coaching and training programs. This continual development of quality of our employees is based on a technical or engineering educated background, with electrical engineering, MAS-technique, automation or information technology as basic qualification.

To read full interview, please click here to view magazine (PDF file)