Foreign Footwear Enterprises Collectively Sell Shares And Approve Foreign Investment Authority Decentralization.

According to the Beijing morning post, the economic downturn has provided a low cost opportunity for mergers and acquisitions. As China's overseas mergers and acquisitions are growing rapidly, the implementation of overseas investment management measures has also entered countdown. According to Yao Jian, a spokesman for the Ministry of Commerce, according to the "measures", further examination and approval authority will enable most of the overseas investment enterprises to submit an application form and obtain the certificate of overseas investment within 3 working days. And let enterprises in the shortest time and the most convenient service environment "going out" has also been seen by the government as an important measure to revitalize the current economy. Compared with the current regulations, the method mainly has five characteristics: decentralization approval authority, simplified approval procedure, emphasis on management focus, strengthening guidance service and putting forward behavior norms. It is planned to be implemented in May 1st. After the implementation of the measures, the Ministry of commerce only reserves the approval authority for a few major and sensitive overseas investments, including over 100 million US dollars in overseas investment, and specific foreign investment in specific countries. This means that about 85% of overseas investment approval will be handed over to the competent department of the provincial people's Government in the future. The approval of the competent departments of Commerce will focus on whether investment affects bilateral political and trade relations, damages national economic security, violates international obligations, and has vicious competition. The US CPSC delayed the enforcement of mandatory testing requirements. The website of the US Consumer Product Safety Commission (CPSC) recently announced that the committee voted unanimously through a year's resolution to impose mandatory testing and certification on producers and importers of some controlled products, including children's products under the age of 12 and below. The resolution postponed part of the US consumer goods safety amendment bill to February 10, 2010. It is the only resolution in the United States that has relatively low demand for imported consumer goods after a series of requests for updating the mandatory standards for toys and the consumer product safety amendment bill in the past two years. The resolution provides a limited transition period for the requirements of the consumer goods safety Amendment Act, which came into effect in February 10th this year, on the requirements of children's toys (total lead limit 600ppm, and ortho two formate limit 1000ppm). Manufacturers and manufacturers of children's products no longer need to meet the requirements of the new certification and testing standards. They only need to meet the statutory toy standards and other related standards regarding the requirements for lead and ortho benzene two formate. Before the water conservancy public testing platform was settled in Quanzhou, a public service platform dominated by hydraulic transmission technology was officially set up in the area of Feng Ze. The establishment of the test platform will provide a good public service platform for hydraulic components and hydraulic systems for Quanzhou and even Fujian's engineering and shoemaking machinery manufacturing industries. It will play a very important role in lifting the level of R & D in our province. As a major industrial base of domestic construction machinery, our province has a large demand for hydraulic parts. However, there is a weak part system in the province, and high-end products such as engines and hydraulic components are all embarrassed by foreign brands. In view of this situation, Fujian science and technology office and Quanzhou science and Technology Bureau actively explore the construction of public service platform with advanced manufacturing industry with local and regional characteristics. After investigation, we decided to build a public service platform shared by test facilities based on hydraulic transmission technology, which is responsible for the productivity promotion center of Feng Ze District, and the joint participation of Jimei University, Fuzhou University, Huaqiao University and other universities. Yang Yang brand promotes underwear industry upgrading. The demand of Chinese consumers for underwear gradually rises to the high level demand for fabric, quality and brand. The entry of TOMMY and other international brands is promoting the upgrading of China's high-end underwear market. According to China textile daily, at present, in addition to Ttiumph, Wacoal, AI and other brands with high consumer awareness, TOMMY, BABARA, CK, Victoria, s secret and other international brands are also quietly entering the Chinese underwear market. Italy footwear enterprises collectively sell shares to China. According to the JINGWAH times, Italy leather shoes manufacturing enterprises collectively sell shares in China. Reporters learned from Beijing Property Exchange yesterday that 7 Italy enterprises were listed in the transfer. Foreign companies have come to China for bulk financing, which has never happened before. It is understood that the share transfer ratio of the 7 Italy shoe enterprises is 1% to 100%, and the deadline for the project is December 31, 2009. The staff of the Italy Stock Exchange said that the share transfer projects of these leather shoes manufacturers in Milan belong to the cooperation projects between the Milan stock exchange and the North exchange. The project enterprises belong to the high-end brand in the middle and high-end market. Specific matters such as the name of the enterprise, the project intention, the proportion of financing transfer, and the transfer price need to be further discussed by the intentional enterprise and the transferor. More clothing investment information, click here to enter the responsibility editor: Wang Xiaonan