Common use of Promotion and Facilitation of Investments Clause in Contracts

Promotion and Facilitation of Investments. 1. One side shall encourage investors of the other side to make investments in its area. 2. To enhance the level of investment facilitation between the two sides, one side agrees to review from time to time and progressively simplify the formalities and requirements on investors of the other side investing in the area of the former side. 3. The two sides agree to provide the other side with investment facilitation, including: one side will facilitate investors of the other side in obtaining investment information, relevant operating licences, personnel entry and exit, and business operations and management; one side will facilitate organising and holding, for the other side and its investors, of symposiums, seminars and other activities beneficial to investments; one side will endeavour to establish clear and uniform standards and procedures for examining and approving investment applications, and to optimise permissions, qualification requirements and procedures in relation to investments; one side will agree to stipulate a reasonable timeframe for relevant approving institutions to examine investment applications and to make decisions on such applications, and will promptly inform the applicants of the outcomes of the relevant approval applications; one side will, in accordance with its laws, make known the required information that has been omitted from an incomplete investment application, and provide the opportunity for correction; one side will encourage and promote the cooperation and coordination among their various regulatory institutions, and, where possible, establish a “one-stop” approving institution, and stipulate the responsibilities and authorities of each regulatory institution in relation to approval and the responsibilities and authority of co-approval by multiple institutions in accordance with the laws; one side will, on a best endeavour basis, keep the costs of the investors in the application process for approval to the lowest, and any fee to be charged shall be commensurate with the necessary administrative cost in handling the application; one side will, on a best endeavour basis, enable investors of the other side to gain access to and use public infrastructure facilities under reasonable and non-discriminatory conditions.

Promotion and Facilitation of Investments. 1. One side shall encourage investors of the other side to make investments in its area. 2. To enhance the level of investment facilitation between the two sides, one side agrees to review from time to time and progressively simplify the formalities and requirements on investors of the other side investing in the area of the former side. 3. The two sides agree to provide the other side with investment facilitation, including: : (i) one side will facilitate investors of the other side in obtaining investment information, relevant operating licences, personnel entry and exit, and business operations and management; ; (ii) one side will facilitate organising and holding, for the other side and its investors, of symposiums, seminars and other activities beneficial to investments; ; (iii) one side will endeavour to establish clear and uniform standards and procedures for examining and approving investment applications, and to optimise permissions, qualification requirements and procedures in relation to investments; ; (iv) one side will agree to stipulate a reasonable timeframe for relevant approving institutions to examine investment applications and to make decisions on such applications, and will promptly inform the applicants of the outcomes of the relevant approval applications; ; (v) one side will, in accordance with its laws, make known the required information that has been omitted from an incomplete investment application, and provide the opportunity for correction; ; (vi) one side will encourage and promote the cooperation and coordination among their various regulatory institutions, and, where possible, establish a “one-stop” approving institution, and stipulate the responsibilities and authorities of each regulatory institution in relation to approval and the responsibilities and authority of co-co- approval by multiple institutions in accordance with the laws; ; (vii) one side will, on a best endeavour basis, keep the costs of the investors in the application process for approval to the lowest, and any fee to be charged shall be commensurate with the necessary administrative cost in handling the application; ; (viii) one side will, on a best endeavour basis, enable investors of the other side to gain access to and use public infrastructure facilities under reasonable and non-non- discriminatory conditions.

Promotion and Facilitation of Investments. 1. One side shall encourage investors of the other side to make investments in its area. 2. To enhance the level of investment facilitation between the two sides, one side agrees to review from time to time and progressively simplify the formalities and requirements on investors of the other side investing in the area of the former side. 3. The two sides agree to provide the other side with investment facilitation, including: : (i) one side will facilitate investors of the other side in obtaining investment information, relevant operating licences, personnel entry and exit, and business operations and management; ; (ii) one side will facilitate organising and holding, for the other side and its investors, of symposiums, seminars and other activities beneficial to investments; ; (iii) one side will endeavour to establish clear and uniform standards and procedures for examining and approving investment applications, and to optimise permissions, qualification requirements and procedures in relation to investments; ; (iv) one side will agree to stipulate a reasonable timeframe for relevant approving institutions to examine investment applications and to make decisions on such applications, and will promptly inform the applicants of the outcomes of the relevant approval applications; ; (v) one side will, in accordance with its laws, make known the required information that has been omitted from an incomplete investment application, and provide the opportunity for correction; ; (vi) one side will encourage and promote the cooperation and coordination among their various regulatory institutions, and, where possible, establish a “one-stop” approving institution, and stipulate the responsibilities and authorities of each regulatory institution in relation to approval and the responsibilities and authority of co-approval by multiple institutions in accordance with the laws; ; (vii) one side will, on a best endeavour basis, keep the costs of the investors in the application process for approval to the lowest, and any fee to be charged shall be commensurate with the necessary administrative cost in handling the application; ; (viii) one side will, on a best endeavour basis, enable investors of the other side to gain access to and use public infrastructure facilities under reasonable and non-discriminatory conditions.

Promotion and Facilitation of Investments. 1. One side shall encourage investors of the other side to make investments in its area. 2. To enhance the level of investment facilitation between the two sides, one side agrees to review from time to time and progressively simplify the formalities and requirements on investors of the other side investing in the area of the former side. 3. The two sides agree to provide the other side with investment facilitation, including: one : (i) One side will facilitate investors of the other side in obtaining investment information, relevant operating licences, personnel entry and exit, and business operations and management; one ; (ii) One side will facilitate organising and holding, for the other side and its investors, of symposiums, seminars and other activities beneficial to investments; one ; (iii) One side will endeavour to establish clear and uniform standards and procedures for examining and approving investment applications, and to optimise permissions, qualification requirements and procedures in relation to investments; one ; (iv) One side will agree to stipulate a reasonable timeframe for relevant approving institutions to examine investment applications and to make decisions on such applications, and will promptly inform the applicants of the outcomes of the relevant approval applications; one ; (v) One side will, in accordance with its laws, make known the required information that has been omitted from an incomplete investment application, and provide the opportunity for correction; one ; (vi) One side will encourage and promote the cooperation and coordination among their various regulatory institutions, and, where possible, establish a “"one-stop” " approving institution, and stipulate the responsibilities and authorities of each regulatory institution in relation to approval and the responsibilities and authority of co-co- approval by multiple institutions in accordance with the laws; one ; (vii) One side will, on a best endeavour basis, keep the costs of the investors in the application process for approval to the lowest, and any fee to be charged shall be commensurate with the necessary administrative cost in handling the application; one ; (viii) One side will, on a best endeavour basis, enable investors of the other side to gain access to and use public infrastructure facilities under reasonable and non-non- discriminatory conditions.