1. Main content of project proposal and requirement

     1) Chinese party, including the name of the Chinese party, generals of production or business operation status, legal address, name and post of legal representative, and the name of the competent departments concerned.

2) Purpose of joint venture. Prominent place must be given to the description of necessity and possibility of foreign exchange earning export and the introduction of technology.

3) Foreign party, including name of the foreign party, registration country, legal address and name, post and nationality of legal representative.

4) Business scope and scale of the joint venture. Prominent place must be given to the description of the necessity of the project, overseas demand for product and production status abroad and market place.  

5) Investment estimate. Referring to the sum of fixed funds and circulating funds needed for the joint venture project.

6) Investment mode and source of funds, including ratio between investments and ratio in capital composition.

7) Production technology and key equipments. Descriptions of the advance, usability, reliability and important technical economical indices of the technology and equipments.

8) Quantity and source of key basic materials, water, electricity, gas and transport service.

9) Number, composition and source of personnel. 

10) Economic benefit. And emphasis should be placed on the description of the arrangement of the foreign exchange receipts and disbursements.

11) Attachment:   

a) Intent letters of parties to the joint venture.

b) Credit information form of foreign party.

Note: The contents and format required here for project proposal are based on the assumption that the foreign cooperator has been chosen. However, if your project is a very good one, you are allowed to make no decision about who or which should be chosen as the cooperator so that you could choose a better foreign investor. In that case, the project should be approved first, as for the section about foreign investor required in the project proposal; you can make a supplementary report for record after the cooperator has chosen. If the examination and approval authority makes no reply within one month after receiving credit information form of the foreign cooperator, then this may be regarded as approval and work can go on to the feasibility study report.