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Interim Regulations of the Guangzhou Economic and Technological Development Zone Concerning the Introduction of Technology (1)

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  1985.04.09
GUANGDONG PROVINCE
 INTERIM  REGULATIONS OF THE GUANGZHOU ECONOMIC AND TECHNOLOGICAL
DEVELOPMENT ZONE CONCERNING THE INTRODUCTION OF TECHNOLOGY
 (Adopted  at  the  Guangzhou Mayor's Work Meeting on March 6,
1985 and Promulgated for Implementation by the Municipal People's
Government on April 9, 1985)
CONTENTS
CHAPTER I GENERAL PROVISIONS
 CHAPTER  II  CONTENTS  AND MODES OF TECHNOLOGY INTRODUCTION AND
PREFERENTIAL TREATMENTS
CHAPTER III CONTRACTS FOR TRANSFER OF TECHNOLOGY
CHAPTER IV RIGHTS AND OBLIGATIONS OF BOTH PARTIES
CHAPTER V EXAMINATION AND APPROVAL OF THE INTRODUCED TECHNOLOGY
CHAPTER VI SUPPLEMENTARY PROVISIONS
CHAPTER I GENERAL PROVISIONS
 @@  Article  1.  In  order to encourage the introduction of
advanced technology and to speed up the modernized construction in
the  Guangzhou Economic  and  Technological  Development  Zone,
these  Regulations  are formulated in accordance with the pertinent
laws, rules and regulations of the People's Republic of China and
the  "Interim  Regulations  on  the  Guangzhou  Economic  and
Technological Development Zone".
  @@  Article   2.  Enterprises,  undertakings  and  other
organizations,  or  individuals  (hereinafter  referred  to  as
"recipient  side")  inside  the Guangzhou Economic and Technological
Development Zone (hereinafter referred to  as "development zone")
that  introduce technology with repayment from enterprises and other
organizations or individuals (hereinafter referred to as "supplying
side") must abide by these Regulations.
 @@ Article 3. The parties that introduce technology must observe the
laws, rules  and regulations of the People's Republic of China
and  their legitimate  rights and interests are to be protected
by the law of the People's Republic of China.
 @@  Article  4. The parties that introduce technology must sign in
written form,  a contract for transfer of technology (hereinafter
referred  to  as the "contract").  In  signing  a contract, the
principles of equality and mutual benefit and reaching agreement
through consultation must be adhered to.
 CHAPTER  II  CONTENTS  AND MODES OF TECHNOLOGY INTRODUCTION AND
PREFERENTIAL
TREATMENTS
  @@  Article  5.  The  introduced technology must be advanced,
applicable and with tangible economic efficiency.
 "To  be advanced" means that it is more advanced than technology of
the same type  in China and that it is being used or being developed
in industrially developed countries, or that it will enable for
a certain trade or a certain  product  in  China, in Guangzhou
Municipality,  or  in Guangdong Province to attain the advanced world
level.
 "To  be  applicable"  means that it can be used 

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