1984.02.07
GUANGDONG PROVINCE
PROVISIONS OF THE SHENZHEN SPECIAL ECONOMIC ZONE FOR FOREIGN
ECONOMIC CONTRACTS
(Adopted by the Standing Committee of the Sixth People's
Congress of Guangdong Province on 11 January 1984 and
promulgated by the People's Government of Guangdong Province on 7
February 1984)
CONTENTS
CHAPTER I GENERAL PROVISIONS
CHAPTER II MAKING OF A CONTRACT AND ITS MAIN CONTENT
CHAPTER III IMPLEMENTATION OF A CONTRACT AND RESPONSIBILITY FOR
VIOLATION
CHAPTER IV MODIFICATION, CANCELLATION AND TERMINATION OF A CONTRACT
CHAPTER V MANAGEMENT AND SUPERVISION OF CONTRACTS
CHAPTER VI MEDIATION AND ARBITRATION OF DISPUTES
CHAPTER VII SUPPLEMENTARY PROVISIONS
CHAPTER I GENERAL PROVISIONS
@@ Article 1. These Provisions are formulated in accordance
with the pertinent laws, rules and regulations of the People's
Republic of China and the "Regulations of the People's Republic
of China on Special Economic Zones in Guangdong Province" to meet
the needs of the economic activities in the Shenzhen Special
Economic Zone (hereinafter referred to as the "special zone"), to
protect the lawful rights and interests of the persons concerned with
the foreign economic contracts, and promote the economic
construction of the special zone.
@@ Article 2. These Provisions are applicable within the following
scope:
1 Agreements under which the mutual rights and obligations are
stipulated in accordance with the laws of the People's Republic of
China by Chinese enterprises or other economic organisations
in the special zone (hereinafter referred to as the "special zone
side") on the one hand, and foreign enterprises and other
economic organisations or individuals (hereinafter referred to as
the "investors") on the other to develop economic and technological
cooperation; and
2 Economic agreements which will be implemented in the special
zone are signed between foreign enterprises registered in the
special zone. Chinese-foreign joint ventures and cooperative
enterprises (hereinafter referred to as "special zone
enterprises"), between special zone enterprises and foreign
enterprises and other economic organisations or individuals, as
well as between special zone enterprises and Chinese enterprises
and other economic organisations established in the special zone.
@@ Article 3. The signing of foreign economic contracts
(hereinafter referred to as the "contracts") must be in compliance
with the laws, rules and regulations of the People's Republic of
China. All the contracts made in accordance with the law shall be
protected by the laws of the People's Republic of China.
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