What is the investment cooperation agreement?

Legal analysis: Regarding the contract of attracting investment, attracting investment refers to the activities of local government (or development zone established by local government) to absorb investment (mainly non-local investors). Attracting investment has once become the main work of local governments at all levels, appearing in government reports and work plans at all levels. Attracting investment refers to the sales behavior of local governments (development zones) in view of the investment environment of a region, mainly by persuading investors to transfer land or lease factories.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 509 The parties shall fully perform their obligations as agreed.

The parties shall abide by the principle of good faith and fulfill the obligations of notification, assistance and confidentiality according to the nature, purpose and trading habits of the contract.

During the performance of the contract, the parties shall avoid wasting resources, polluting the environment and destroying the ecology.

Article 119 A legally established contract is legally binding on the parties. The parties shall perform their obligations as agreed, and shall not alter or terminate the contract without authorization. Contracts established according to law are protected by law.