20 19 Regulations of Jiangsu Province on the Protection and Promotion of Overseas Chinese Investment 1 came into effect in May.

The Regulations of Jiangsu Province on the Protection and Promotion of Overseas Chinese Investment (hereinafter referred to as the Regulations) will come into force in May 1 year.

20 1,1On April 4th, 4, in Nanjing, 100 leaders from Jiangsu Provincial People's Congress Standing Committee, Overseas Chinese Affairs Office, Overseas Chinese Federation, Overseas Chinese Merchants Association, Overseas Chinese Merchants Federation and other departments attended the symposium on the implementation of the Regulations.

Jiangsu is an important hometown of overseas Chinese along the coast and one of the key provinces for overseas Chinese affairs. Shi Yu, chairman of the Jiangsu Federation of Returned Overseas Chinese, said that there are more than 2 million returned overseas Chinese and their relatives in Jiangsu, most of whom are overseas Chinese, overseas Chinese businessmen and returned overseas Chinese, and there are about 654.38+million scientific and technological overseas Chinese working and living in Jiangsu.

According to Shao Yun, director of the Ethnic Minorities Overseas Chinese Committee of the Standing Committee of Jiangsu Provincial People's Congress, according to incomplete statistics, overseas Chinese have invested in more than 50,000 enterprises in Jiangsu, accounting for more than 60% of the total foreign investment.

Shao Yun said that in 199 1 year, the Jiangsu provincial government promulgated "Several Provisions on Encouraging Overseas Chinese and Compatriots from Hong Kong and Macao to Invest in Jiangsu Province" (2002 1 1 revision), and in June of 201year, Jiangsu Province.

For example, some localities, departments and institutions have not performed their functions well; The information channel of overseas Chinese investors' policy adjustment is not smooth, so it is difficult to effectively prevent and resolve investment and market risks; The legitimate rights and interests of some overseas Chinese investors have been violated to varying degrees; Overseas Chinese investors encounter many practical difficulties in financing, personal identity, children's schooling, medical treatment, application for driver's license, transportation and so on.

To this end, the regulations to be implemented on May 1 this year will "prescribe the right medicine" for the above problems.

In regulating government services, the regulations stipulate the responsibilities of the government, propose the establishment of a coordination committee for the protection of overseas Chinese investment rights and interests, and stipulate the accountability system. Different penalties are stipulated for those who infringe upon the legitimate rights and interests of overseas Chinese investors.

The "Regulations" clarify that overseas Chinese investors can contribute their capital in monetary, physical, intellectual property rights, land use rights and other ways permitted by laws and regulations.

In terms of distinguishing between "domestic and foreign investment", the regulations stipulate that if overseas Chinese invest in this province in their own name or in the name of domestic enterprises or other economic organizations under their control, "domestic investment and investment-related policies and services promulgated by the state and this province shall apply"; Enterprises and other economic organizations established by overseas Chinese outside China in this province "shall conform to the industrial policies of the state on foreign investment and be handled in accordance with the laws and regulations of the state and the province on foreign investment".

In June 5438+1 0 this year, Jiangsu public security organs made it clear that starting from March this year1,Jiangsu overseas Chinese would be simplified to resume their household registration procedures. This time, the regulations also provide for overseas Chinese investors to participate in social insurance, pay and use housing provident fund and other social security measures, and provide for living convenience measures such as obtaining a permit, applying for a motor vehicle driver's license, educating their children and buying a house.

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In terms of investment methods, according to the objective reality of the diversification of overseas Chinese investment subjects, investment sources and business forms in Jiangsu Province, it is clear that overseas Chinese investors can contribute in cash, or in kind, intellectual property rights, land use rights and other ways permitted by laws and regulations; Economic organizations permitted by law, such as joint stock limited companies, limited liability companies, sole proprietorships, partnerships and individual industrial and commercial households, can be established in accordance with the law, and the diversification of investment entities and modes of operation can be confirmed and promoted in the form of local legislation.

Domestic identity is a realistic problem for overseas Chinese to invest, live and travel in China. According to the Exit and Entry Administration Law, the regulations clearly stipulate that "overseas Chinese investors who need to provide identification for financial affairs, education, medical care, transportation, telecommunications, social insurance, property registration, industrial and commercial registration, accommodation registration, motor vehicle driver's license application and other matters can prove their identity with their passports." At the same time, it is stipulated that individual overseas Chinese investors can apply for confirmation of overseas Chinese identity with their passports, foreign residence certificates and other relevant supporting materials. Among the eight reform measures taken by Jiangsu public security organs to serve the masses in June 5438+ 10 this year, it has been made clear that the procedures for restoring the household registration of overseas Chinese of Jiangsu nationality will be simplified from March 1 0. The regulations also stipulate social security measures for overseas Chinese investors to participate in social insurance, pay and use housing provident fund, and stipulate measures to facilitate life such as obtaining a permit, applying for a motor vehicle driver's license, educating their children, and buying a house.

According to incomplete statistics, overseas Chinese have invested in more than 50,000 enterprises in Jiangsu Province, accounting for more than 60% of the total foreign investment. At present, Jiangsu has introduced 696 special experts, including 245 entrepreneurs, ranking first in the country; Finally, the provincial "double innovation plan" also funded the introduction of 3 127 talents. Among these imported talents, 80% have overseas study or work background.