Common use of Committee on Investment Clause in Contracts

Committee on Investment. 1. The two sides agree to set up the Committee on Investment under the mechanism of the CEPA Joint Steering Committee to deal with matters arising from this Agreement, through the responsible contact person designated by the authority of each side. 2. Functions of the Committee on Investment include: (i) investment consultation: exchange of investment information, launching of investment promotions, promoting investment facilitation, and provision of consultation on matters related to this Agreement; (ii) notification and coordination of investment disputes: for the “investment disputes” as referred to in paragraph 1 of Article 19 (Dispute Settlement between a Hong Kong Investors and the Mainland) or paragraph 1 of Article 20 (Dispute Settlement between a Mainland Investors and Hong Kong), if the two sides consider necessary, one side shall notify its relevant authorities or institutions and coordinate the handling of the “investment disputes” in its area, or notify the other side of the “investment disputes” in the areas of the former side; (iii) settlement of disputes: settlement of disputes between the two sides with respect to the interpretation, implementation and application of this Agreement through consultation; (iv) interpretation of the Agreement: the two sides may, if they consider necessary, make an interpretation on the tables in Annex 2 to this Agreement through consultation in accordance with paragraph 7 of Article 9 (Non- Conforming Measures); (v) any other tasks related to this Agreement as agreed by the two sides. 3. Any decisions by the Committee on Investment shall be made by consensus of the two sides, and shall be promptly reported to the CEPA Joint Steering Committee.

Committee on Investment. 1. The two sides agree to set up the Committee on Investment under the mechanism of the CEPA Joint Steering Committee to deal with matters arising from this Agreement, through the responsible contact person designated by the authority of each side. 2. Functions of the Committee on Investment include: (i) investment consultation: exchange of investment information, launching of investment promotions, promoting investment facilitation, and provision of consultation on matters related to this Agreement; (ii) notification and coordination of investment disputes: for the “investment disputes” as referred to in paragraph 1 of Article 19 (Dispute Settlement between a Hong Kong Macao Investors and the Mainland) or paragraph 1 of Article 20 (Dispute Settlement between a Mainland Investors and Hong KongMacao), if the two sides consider necessary, one side shall notify its relevant authorities or institutions and coordinate the handling of the “investment disputes” in its area, or notify the other side of the “investment disputes” in the areas of the former side; (iii) settlement of disputes: settlement of disputes between the two sides with respect to the interpretation, implementation and application of this Agreement through consultation; (iv) interpretation of the Agreement: the two sides may, if they consider necessary, make an interpretation on the tables in Annex 2 to this Agreement through consultation in accordance with paragraph 7 of Article 9 (Non- Non-Conforming Measures); (v) any other tasks related to this Agreement as agreed by the two sides. 3. Any decisions by the Committee on Investment shall be made by consensus of the two sides, and shall be promptly reported to the CEPA Joint Steering Committee.

Committee on Investment. 1. The two sides agree to set up the Committee on Investment under the mechanism of the CEPA Joint Steering Committee to deal with matters arising from this Agreement, through the responsible contact person designated by the authority of each side. 2. Functions of the Committee on Investment include: (i) investment Investment consultation: exchange of investment information, launching of investment promotions, promoting investment facilitation, and provision of consultation on matters related to this Agreement; (ii) notification Notification and coordination of investment disputes: for the “"investment disputes” " as referred to in paragraph 1 of Article 19 (Dispute Settlement between a Hong Kong Investors and the Mainland) or paragraph 1 of Article 20 (Dispute Settlement between a Mainland Investors and Hong Kong), if the two sides consider necessary, one side shall notify its relevant authorities or institutions and coordinate the handling of the “"investment disputes” " in its area, or notify the other side of the “"investment disputes” " in the areas of the former side; (iii) settlement Settlement of disputes: settlement of disputes between the two sides with respect to the interpretation, implementation and application of this Agreement through consultation; (iv) interpretation Interpretation of the Agreement: the two sides may, if they consider necessary, make an interpretation on the tables in Annex 2 to this Agreement through consultation in accordance with paragraph 7 of Article 9 (Non- Conforming Measures); (v) any Any other tasks related to this Agreement as agreed by the two sides. 3. Any decisions by the Committee on Investment shall be made by consensus of the two sides, and shall be promptly reported to the CEPA Joint Steering Committee.