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Decision of the Standing Committee of the National
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1983.03.05
STANDING COMMITTEE OF THE NATIONAL PEOPLE'S CONGRESS
 DECISION  OF  THE  STANDING  COMMITTEE  OF THE NATIONAL PEOPLE'S
CONGRESS  ON  AUTHORIZING  THE  MINISTRY  OF  FOREIGN  ECONOMIC
RELATIONS  AND  TRADE  TO EXERCISE THE POWER OF RATIFICATION OF
THE FORMER FOREIGN INVESTMENT COMMISSION
 (Adopted at the 26th Meeting of the Standing Committee of the
Fifth National People's Congress on March 5, 1983)
 The  22nd  Meeting  of the Standing Committee of the Fifth National
People's Congress,  in its Decision on the Question of Structural
Reform of the State Council, decided to establish the Ministry of
Foreign Economic Relations and  Trade  through  a merger of the
Import  and  Export Commission, the Ministry of Foreign Trade, the
Ministry of Foreign Economic Relations and the  Foreign  Investment
Commission.  In  view  of  this,  the  power  of ratification
formerly  exercised  by the Foreign Investment Commission pursuant
to  the  Law  of the People's Republic of China on Chinese-Foreign
Equity  Joint  Ventures  and  other laws and regulations concerning
foreign economic relations shall hereafter be exercised accordingly by
the Ministry of Foreign Economic Relations and Trade.




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