ed enterprise  application  form,  the  feasibility  study  and  articles  of association signed by the foreign investor.

(2) the  creditability  certificate  for  each  investing  party,  the registration  certificate  (duplicate)  and   the   legal   representative certificate (duplicate);

(3)the approval certificate (s) (duplicate)  for  the  enterprise  (s) already invested by the foreign investor, the business license (s) (duplicate) and the capital  verification  report  (duplicate)  issued  by certified public accountants registered in China;

(4)the balance sheet of each investing party for the previous 3 years; and

(5)other documents as required by MOFTEC.

All of the aforesaid documents shall be in the original  except  those specified as duplicate.

In case the documents are to be signed by a non-legal  representative, a power of attorney issued by the legal representative shall be submitted.

In case the investor entrusts a lawfully established intermediary  for the application formalities, a power  of  attorney  signed  by  the  legal representative of the investor shall be submitted.

Article 4

The foreign investor  shall  make  its  capital  contribution  to  the registered capital of the  investment  company  in  a  freely  convertible currency. The Chinese  investor  may  make  its  capital  contribution  in Renminbi. All the capital contribution shall be  paid  in  full  within  2 years after the date of issuance of the business license.

Article 5

An investment company, upon approval,  may be engaged in part  or  all o

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