lundi 23 février 2015

Tips to deal with SEO companies in India

Hiring an SEO firm can be stressful, specially in India. With prices ranging anywhere from a few hundred to tens of thousands of dollars per month, depending on your specific needs, it is difficult to hear a SEO company tell you that it will take a few months before you can expect to see results. How do you know if they make a real job, or rip you off? India firm are not all reliable




SEO in India why how ? 





If you hired an SEO firm before and had a bad experience, you have the added anxiety to anxiety as you go through the hiring process again. In these circumstances, it is perfectly understandable that you would be attracted to the idea of ​​a guarantee. Other service companies, auto mechanics, companies offer guarantees to shipping, so why not SEO companies?
 As the owner of an SEO company, I was tempted to offer guarantees myself. Not my clients deserve a warranty? And would not it be great for marketing? It would help customers who are hesitant about the risk involved with SEO decide to use us instead of a competitor does not offer a guarantee, right? But several years ago when I started to look for SEO guarantees, I found reasons to be reluctant to offer myself. The first reason can be found in my spam filter, and probably yours too. Here is a view of what I see in mine: Almost all companies now must decide how much to spend on the optimization of search engines (SEO). This is not such a issue. Robust online marketing is essential for survival in a world centered on the Web.

 The question all business professionals must ask is: "How are we going to spend on SEO" Keep reading for all the information you need to make this decision, as well as some tips on how SEO agencies are working so that you can succeed as you forge a crucial partnership with an online marketing company.


SEO payment models with Indian companies


To understand the dollars and cents described below, you must understand the payment models used by the agencies. SEO agencies typically offer four main forms of services and payment: monthly deduction: In this model, customers pay a fixed amount each month in exchange for a range of agreed services. The monthly allowance is the most common payment model because it provides the greatest return on investment. Monthly retainer arrangements usually include regular analytical reports, content improvements to the site, press releases, link building, keyword research and optimization. Contractual services at fixed prices: Almost all SEO agencies sell contractual services. Often before the customer is willing to commit a monthly retainer, they will select service contracts they want to have done. The services that an SEO agency deals are often advertised on their website, with a price. A typical example of this audit is a SEO and website that can help to identify strengths and weaknesses in the existing online presence of the customer, competitor analysis, as well as keywords that have the greatest potential to return ROI positive. Project by price: Project costs are similar to contract services with the exception that they are custom projects created specifically for a client. Prices vary depending on the project. For example, a small local cake shop may ask an SEO agency to help them with their local online marketing. The customer decides they want the agency to establish their social media accounts. The Cupcake activity and SEO agency to decide on the scope and cost of the project. Hourly Hint: This model is a familiar board hourly rate for services or information. Most SEO agencies use these payment models. Similarly, customers can work with an agency using more than one model. For example, a customer may choose to enter a monthly retainer, the purchase of a service contract, and engage in a special project with the agency, thus entering three payment models.


Typical SEO costs So what should you expect to pay? 


Here is an overview of the costs of the program according to the payment models described above.


Monthly fee: $ 750 to 5.000 per month. In this range, the amount the customer pays depends on the size of their business and the scope of services provided by the agency. On the lower end of the spectrum are small SEO agencies that offer a limited range of services. On the top line are companies with greater needs for working with full service SEO agencies. Most companies pay between $ 2,500 and $ 5,000 for a monthly retainer. Contractual services at fixed prices: price variables. Companies that simply test the waters in SEO usually choose a contract of service as an entry point. Typical contractual services include things like SEO copywriting (0.15- $ 0.50 / word), Site content verification ($ 500- $ 7.500), the binding profile audit ($ 500- $ 7500), and site configuration social media ($ 500- $ 3000). Project by price: variable prices. Since there are a variety of projects, there is a wide range of prices. Most of the projects cost $ 1,000 to $ 30,000. Consultation Hourly rate: 100-300 $ / hr. SEO consultants, either individuals or agencies usually charge between $ 100 and $ 300 an hour. (Some of these figures are drawn from a survey of 500 consultants SEOmoz and bodies 2011.)


Things you should be wary of Any discussion of SEO agencies and price is not complete without a few caveats. To help protect against blind SEO agencies with business practices unethical, read and observe. Beware of the following promises: Guarantees. SEO usually can not provide guarantees due to the constant evolution of the industry. Instant results. Certainly some SEO tactics can get instant results "" by the game system. Be warned that these can hurt you in the long run. Instant results often involve practices which are against SEO webmaster guidelines set by search engines. Invariably, Google seeks these techniques and penalizes resulting in lost rankings that can take months to recover. # 1 spot on Google. If an agency promises you the number one spot on Google, it looks great. I hope you'll be able to get it. However, this is not something that a company can promise to deliver to you.

India= reduce the cost but quality ? 

Reduced costs of $ 750 / month. When it comes to SEO, you are not shopping for the lowest price; you are looking for the best level of service. Beware bargain prices and "incredible deals." Shady link building services. Link building is a crucial part of SEO. You can not have a highly ranked website without incoming links. But there is a dark side of link building. Confidence link to appear gaining importance in the ranking. Before entering into an agreement with an SEO agency for link building services, ensuring that their link building services are services of ethical labels, white. You may even want to ask them where they may be able to gain links to a company in your industry. Things to keep in mindr


As you start shopping for SEO agencies and making your decision, consider the following points:r />
SEO takes time. A monthly deduction is best. Think of SEO as a long term investment. Aggressive campaigns and large outbreaks can have their place, but the most lasting SEO results come from a long-term relationship.

 In SEW Mark Jackson wrote, "The real value SEO efforts are generally is not realized in the first month (s) of the effort." That is true. SEO waving a magic wand and get instant results. Instead, they perform important operations that will produce results months on the road. SEO is changing, and your rankings will change too. The field is full of competitors, and ranking up and down with the change of the algorithms and the entry of new competitors. SEO one-and-done tricks just does not. It must be constantly monitored to keep your website ranking well and running at high-end level. Not all SEO services are created equal. Again, SEO is not about to shop for the lowest prices. It is about finding the best agency you can. Find an SEO agency that defines its scope of services, and takes the time to learn. SEO is important. Do it. The point of your website is to increase and / or improve your business. If people find your site, it is not even worth having one. The smartest thing is to pay what it takes to keep your site findable by people who are looking. Hiring an SEO agency is best. You may think, "I can not do this thing any SEO on my own?" A small percentage of business owners and professionals have the skill and savvy to do their own SEO. Even so, complete SEO takes a lot longer than most business owners can afford. Even an employee who "knows a lot about SEO," will struggle to provide the level of service and excellence found in a SEO agency. You will rarely come out on top if you try to go it alone, and you will Never the same level of return on investment than you would with a competent SEO agency. You Decide r />
For most businesses today, SEO is the ROI marketing effort higher. Its benefits exceed the value of other marketing approaches - direct mail, broadcast advertising, online classified ads, etc. No longer companies to decide if they need SEO services. Instead, they decide how much they will spend. As they choose quality SEO agency, their decision will lead to incredible amounts of income. You can decide how much it's worth to you.


Well, the Internet search engines are much smarter now. So are their scams. Google PageRank system is the way to determine which sites are most applicable and useful for each search term. The task of a SEO specialist is to make a page as appropriate and useful as possible, improving its rank. As service providers, many SEO companies offer the stars and the moon when it comes to SEO, but few will be able to deliver sustainable change they promise. So when you choose an SEO firm, you will have to remove by many empty promises to find a specialist trustworthy. Noah Lehmann-Haupt, president and founder of Gotham Dream Cars based in New York, is an engine optimization expert in self research. It's not that he had a huge amount of interest in SEO, it just never felt he could trust anyone else with this site.

 "Being an SEO company is a bit like being a graphic designer does not take much to call yourself a designer ;. Anyone who buys a copy of Photoshop and suddenly they're a graphic designer, "he said." It is difficult to separate is really an SEO firm, which will be a black hat spammer. " We mapped what you should and should not look for in a SEO company to help you get the greatest return on investment of your Google rank improvement. Choosing an SEO Firm: Starting Your Search Would not it be great if you could just Google "SEO company" and choose one of the top ten companies that back? They practice what they preach, they must be good right?
Yes, good and cheap.


"Some of the largest SEO companies have $ 50,000 minimum per month," said Elizabeth Osmeloski, editor based in Salt Lake City Search Engine Land. The fact is, your small business probably does not need the top SEO company a powerful force. You just need the company that works hardest for you at a reasonable price. There are some places where you can start for recommendations. Ask other business owners who you trust and work with. Ask suppliers you found through a Google search - after all, you found them, did you? Check SEO groups and online forums such as Search Engine Marketing Professional Organization, a high ranking and Search Engine Guide. "They recommend independent people who have small minimums, said Osmeloski. Avoid any SEO company that bombard you with phone calls and emails or promise you a place to # 1 Google. These people are probably just giving you a place paid ads in Google, which is not the same as a top ranking in organic search engine. Lehmann-Haupt also warns against companies that claim to have "proprietary method" of optimization. 'This probably means they unscrupulous methods, he said. "There is no special sauce, and there is no secret method. It is important to protect yourself against people who may be simply because spammers, Lehmann-Haupt said: "Google is run by a group of very smart guys who spend their entire lives being smarter and more able to defeat the cheats . "The last thing you want is to get kicked out of the Google index. r r /> Another important consideration is whether or not you want your company to be local so you can have conversations and face-to-face. Lehmann-Haupt said, "I would like to start the search by Googling 'New York SEO" and search for reviews online. " While you do not have to limit yourself to SEO companies in your area, it's almost a necessity to find an SEO company that is comfortable to work with small and medium enterprises and has work experience in your niche. "I only worked in the travel industry when I consult with businesses, because I travel a fair amount of background and understand the business problems facing marketing," says Osmeloski. "There are many SEO companies that have a history with various vertical markets, whether local plumbers and detail.

To learn more about their past experiences, of course, you'll have to explore their references and reviews, which we explain below. Probe: 5 Secrets to Selecting very effective keywords r r />
Choosing an SEO Firm: Budget and costs The first thing you need to consider before you look fresh is how much you can actually afford to pay. Fees vary across the board, so it is important for you to have a figure in mind and find a reliable SEO company or consultant who can work on your budget. "There are SEO consultants who are just starting that could only charge $ 50 to $ 100 per hour or charge a flat rate per month," says Osmeloski, adding to opt for a freelance SEO specialist is often more " cost "of the road sign with an agency. Companies may ask you to pay by the Web page, on time, by the project, or request a pre-determined amount of money to cover the cost of their work for the month.

Some may even require a percentage of income you earn as a result of their work. Osmeloski said that this is one of the most reliable means of payment. If the company has an interest in your success, she said, "you can have some confidence that the SEO company will work as hard as possible for you, against collection of a lump sum each month and not necessarily put their most creative foot forward. " Remember, SEO is an ongoing process, so ask the company or consultant how much it will cost to maintain the site once the major changes were made.


 Do we need to hire an SEO company in India


Choosing an SEO Firm: Reports and Communications Once you've determined how much you can reasonably expect to pay, you should ask the firm how much you can expect to be paid. What is the return on investment and how does the company plan to follow? "They should give you updates and reports, because if they are not, they can be things to do than Google does not approve that may have a short-term gain but long-term loss" Lehmann-Haupt said. Discuss techniques considering the company on the implementation. Some basic steps they should take to optimize your search rankings include keyword optimization, title and evaluation of the link and the strengthening of links to other sites. "You have to dive into what their techniques are said Lehmann-Haupt," and they will not tell you what their techniques are, you should assume the worst. " Ask them how many times you will receive progress reports and that monitoring of the processes they have in place to prove your ROI. Osmeloski said some of these monitoring techniques may include monitoring the number of requests by e-mail, newsletter sign-ups and phone calls you receive. Make sure that these measures are clearly stated from the beginning and you have a communication plan in place before moving forward and ask for references. Probe: How to Hire an SEO consultant Choosing an SEO Firm: Running a background check Most SEO companies have testimonials on their site, but they are not the references of interest, as they are likely the greatest achievements of the company. Want to hear customers throughout-the-mill to see how the SEO firm performs across the board. Ask for the names and numbers of at least three companies for an honest opinion. Ask their customers how long it was before he had seen an increase in cases related to the search engine. Whether they were satisfied with the company's level of communication has given them. Did they follow through all the promises they have made from the beginning? If the client you speak with has been particularly successful, ask them how much they paid for this success and how much it cost to maintain it. Also check out the Better Business Bureau and Ripoff Report to ensure that the company you are considering has a clean reputation. It might also be worth checking company's own page ranking to see how it manages its own SEO. While this might be something you want to consider, you do not put too much weight on the results.

Be carreull with copy past and bad quality links


"A lot of SEO organizations are so busy, they do not have the time to work on their own website says Osmeloski. "It's the old adage about the children of the shoemaker. Lehmann-Haupt agrees: "Only ten enterprises may be in the top ten results, so that's not necessarily a fair trial ... If I ran an SEO firm, I probably would not even try to have my own company in the top ten because the cost ratio and the effort is not worth it sometimes. " Googling the company name should give you lots of notice, at least alert you as to whether or not the company uses underhanded methods.

 10 tips to avoid the biggest SEO mistakes Choosing an SEO Firm in China 


Master SEO DIY 

 If you go through the review process and find that you are either unable to pay an SEO firm or think you could do it yourself, why not give it a try? Lehmann-Haupt learned the skills they need to succeed in doing research using SEO techniques sites like Digital Point Forums and Chat. "Read about the subject," he suggests. "There is a very large community of people who do it on the Internet and there''sa lot of information out there." Osmeloski said, depending on the size of your business, and how it is specific to a region, you may not even need to worry about your keywords and links. Sometimes update your directory listings can make in this business-related research. And bases are easy to make yourself. "Make sure your ads are Google Places. Bing offers a similar service," she said. "Make sure they have your local phone number, and put it on Yellow Pages as well. It takes maybe a few hours worth of work, and a mom and pop shop, it would solve a lot of issues . " Whatever path you choose, make sure you re-evaluate your research strategies every six to twelve months. Search engines will continue to evolve, change and become more sophisticated. If you want to be successful in the long run, you will need to change, too.

If you are an indian SEO companies, you can introduce your company in comment with added value content please.

dimanche 22 février 2015

Be black in China, why it is so hard ?

Be black in China, why it is so hard ?

 

About SEO companies in China

We are offering to promote your website in the major search engines like: Google, Baidu & haoso which results in improvement in keyword ranking, traffic, link popularity and goal conversion in the first month of our work.
We need to make sure that your website is abide with all the search engines guidelines & after that promote it very aggressively targeting the main keywords which can drive traffic to your website through search engines.
Below, please find all the details of the Baidu SEO campaign to improve or increase your online presence.

Baidu SEO services usually

We cover all the necessary online marketing strategies step by step:
Analysis:
1. Current status of your website.
2. Analysis of your competitors.
3. Analysis of your business/product/service.
4. Analysis of keywords & online competition.
5. Technical analysis of website in-terms of SEO on Baidu




China On-page Optimization:

1. Fixing all the technical errors of website.
2. Optimizing the keywords appropriately.
3. Based on the analysis reports – Preparing road-map to achieve results/rankings.
read also 

Chinese Off-page Optimization (Promotional Activities):

1. Traditional way: Articles, Press Releases, Directories, One way, Reciprocal links etc
2. SMO: weibo, wechat, Linked In etc

Cost: All our prices are bespoke and it depends on the no of keywords you want to promote. Let me know the no of keywords you want to promote so that I can make a suitable proposal and send it to you.

Areas of improvements:

* Keywords selection and optimization
* Top page ranking for keywords
* Quality link buildings
* On page optimization and onsite optimization
* Error fixing and suggestions
* Social media promotion over weibo, wechat, Facebook, Twitter * Quality contents
* Competitive analysis and roadmap

Results:
1. Technically sound website. (Baidu recommend)
2. Website will be on Top pages of baidu and other search engines for targeted keywords.
3. Permanent high PR back-links. (High potential traffic)
4. Potential traffic on the targeted landing page. (Good ROI)
5. Updated social media profile. (Increase popularity)
6. Let me also update you that we do 100% manual submissions which results in permanent quality back links, so that you can have your potential traffic on your prime pages and ultimately your ROI will increase.

Relavant links :
http://www.business-internet-china.com/business-china/top-10-seo-companies-in-china.php
http://china-market-research.blogspot.fr/2013/04/seo-for-ecommerce-in-china.html

lundi 9 février 2015

China automotive market February 2015

China automotive market February 2015 



 1. There are 154,000,000 registered cars in China. 

In according to the data from the transportation bureau of Ministry of Public Security, Registered motor vehicles in China had been 264,000,000 and among which there were 154,000,000 autos. Licensed drivers of motor vehicles were over 300,000,000 and the data was over 246,000,000 for auto mobile. 9.82% of drivers had less than a year driving experience. The registered autos in China keeps increasing rapidly with society development and great requirement. There were 21,880,000 newly registered autos in 2014. As related data shows, the average annual increment of motor vehicles registration during past 5 years is more than 15,000,000, and 20,570,000 for licensed drivers. By the end of 2014, there had been 117,000,000 passenger cars registered in China and 90.16% are private, increasing by 19.89% on year-on-year basis. There have been average 25 private cars per 100 Chinese families and 63 for Beijing, 40 for Guangzhou and Chengdu. There are 35 cities which has a registered motor vehicles number over 1 million and the number of Beijing, Chengdu, Shenzhen, Tianjin, Shanghai, Suzhou, Chongqing, Guangzhou, Hangzhou and Zhengzhou is over 2 million.


2. Chinese automobile after sales market predicted to exceed 760b RMB in 2015 

According to official statistics, China’s automobile after sales service are expected to exceed 760 billion RMB ($123.53b) this year. The market’s annual volume is expected to exceed 1 trillion RMB ($162.54b) in five years and 4 trillion RMB ($650.15b) in a decade. This rapid development has attracted an increasing number of investors to the Chinese market. Last September, the Ministry of Transportation and nine other government agencies released a comprehensive report to enhance the quality and service of the Chinese after sales market. The report promotes unified global standards for the Chinese after sales service. The government hopes that these standards will help promote the healthy development of the Chinese market.

3. Audi sees its China sales growing up to 15% this year 

Audi AG expects to increase its annual sales in China up to 15 percent this year, according to Chinese media. China's State Information Center, a government think tank, predicts luxury car sales will grow 16 percent in 2015, but Audi is more cautious about the market's growth prospects, reports China Economy.

4. Mercedes China sales up 15% in January 

Mercedes sales in China rose nearly 15 percent year-on-year to 28,080 units in January as the German automaker benefited from its expanded lineup of locally produced models. Last September, Beijing Benz Automotive Co. launched sales of its locally produced long-wheelbase C-Class compact sedan for the Chinese market. China is Mercedes' second largest market for the C-Class.

5. Ford's China sales surge 19% in January Ford Motor Co. said January sales of its two joint ventures in China jumped 19 percent year-on-year to 112,599 vehicles. Last month, Ford enjoyed strong demand for the Escort compact car and JMC-brand commercial trucks. The Escort, which hit the Chinese market at the end of December, generated sales of 18,810 units last month.

6. GM China blames slow January sales on low inventories General Motors says its joint ventures' sales in China fell 2.4 percent to 339,781 units in January, as most of its brands recorded downturns. Chevrolet sales fell 2.3 percent, Buick deliveries declined 9.6 percent, and Cadillac sales dropped 11.3 percent. But SAIC-GM-Wuling, which sells entry-level microvans and sedans, reported a sales increase of 3.5 percent.

7. Nissan's and Toyota's China sales rise, Honda's fall in January January sales in China rose more than 22 percent year on year for Nissan Motor Corp. and its joint venture partner, and climbed 11 percent for Toyota Motor Corp. and its two joint ventures. But year-on-year volume slipped 6.6 percent in January for Honda Motor Co. and its two joint ventures.
8. Volvo's China sales hold steady in January Volvo Car Corp.'s sales in China slowed this year with January deliveries rising less than 1 percent year on year to 5,844 vehicles. Two locally built models generated most of Volvo's sales. The company sold 2,635 XC60 crossovers and 1,671 S60L long-wheelbase sedans last month. Last year, Volvo's sales in China jumped 33 percent to 81,221.

9. Geely deliveries rebound on strong demand for new sedans Sales at Geely Automobile Holdings staged an impressive rebound in January after declining in much of 2014, thanks to the strong volumes brought by two newly launched sedans. Geely's vehicle deliveries reached 58,884 last month, an increase of 76% from a year earlier. Nearly 60 percent of the sales were generated by two models the company launched in the second half of 2014. The sales volumes of New Emgrand and EC7 were the biggest, which were 24,588, increasing from 11,274 by 118.1% on year-on-year basis. SUV and multi-purpose cars tend to be hot. The total sales volume of GX7, SX7 and GX9 were 7,675 in January 2015, increasing from 2,760 by 178.1% on year-on-year basis.

10. Great Wall's January sales jump 27% on robust SUV demand Great Wall Motor Co., China's largest SUV maker, delivered 69,626 vehicles last month, up 27 percent year on year. The growth was propelled by SUV sales, which surged 69% from a year earlier to 41,386.
11. Changan Automobile January sales of over 300,000 cars, an increase of 24% In January 2015, Changan realized a total output of 278,900 cars , an increase of 19% compared with 233,200 a year earlier. Total vehicle sales realization 303,500, compared with 244,100 a year earlier, an increase of 24.35%. source

12. Hundreds of thousands of migrant workers in Guangdong rides motorcycles for more than 1000Km heading back hometown. Chinese New Year is coming, hundreds of thousands of migrant workers have left their jobs in the southern province of Guangdong to return homes in middle and west parts of the country by motorcycles, carrying their family members and luggages. Most migrant workers in Guangdong maily come from the provinces of Sichuan, Hunan, Hubei, Yunnan and Guizhou. With trains, buses and planes filled ahead of the Chinese New Year, many rural migrants choose to make the long journery by motorcycles.

more information on :
linkedin.com

mardi 3 février 2015

Chinese tourists and their wet underwear in Thailand

Photos of a Chinese tourist unsightly lowering his wet underwear on the seats from the lounge of the international airport Chiang Mai attracted much criticism on social media. The photos, which were believed to have taken about two weeks ago, showed a woman using her phone as her black bra and pink panties lying next to her.




 A public relations officer at the airport confirmed the incident, revealing that the staff approached the woman to inform her not to dry her clothes in public. No further action was taken because it did not violate safety rules, Bangkok Post reported Feb. 2. Questionable behavior of Chinese tourists abroad - to pour hot water on a hostess to deploy an aircraft emergency slide - have hit the headlines in recent months, which earned him the reputation of being poor travelers . The president of the Association of Canadian Chiang Mai Tourism, Pornchai Jitnavasathien, Bangkok Post said that the association will ask Thai travel agents and guides to explain to Chinese tourists that inappropriate behavior will affect their overall image

source 

New Changes to China’s Foreign Investment Laws.

On January 19, 2015, China's Ministry of Commerce (“MOFCOM”) released the first draft of its new Foreign Investment Law (中华人民共和国外国投资法). The proposed Foreign Investment Law (“FIL”) is intended to replace three existing laws which currently govern foreign investment in China: (i) the Sino-Foreign Equity Joint Venture Law (“EJV Law”), (ii) the Sino- Foreign Cooperative Joint Venture Law (“CJV Law”) and (iii) the Wholly Foreign-Owned Enterprises Law (“WFOE Law”). The new FIL will significantly change the existing regulatory landscape controlling all foreign investment in China, below please find a concise summary of the major components of the new FIL.


Overview
An analysis of the Draft Foreign Investment Law reveals that it has been modeled, in part, on the regulatory frameworks from several Western countries, including the Investment Canada Act and the Foreign Acquisitions and Takeovers Act 1975 (Australia). Specifically, the definition of “foreign investor” appears to have been adopted directly from the Australian Act, which identifies foreign investors based upon an actual “control” test, i.e. enterprises (whether based onshore or offshore) under the control of foreign investors will be treated as foreign investors. It is worth noting that a foreign investment regulatory regime based on the concept of control will likely cause the Foreign Investment Law to have extraterritorial effect. Article 15 of the Draft FIL specifies that, if an offshore transaction causes the transfer of actual control over an onshore enterprise to a foreign investor, such foreign investor will be deemed as investing onshore. In addition, a number of provisions in relation to information reporting have been modeled on the Investment Canada Act, and the foreign investment special administrative catalogue (i.e. the ‘negative list’), is also based on an internationally accepted entry clearance mechanism.


National Security Review

Compared with the existing regulations, the Draft Foreign Investment Law expands the scope of matters that are subject to national security review. Any Foreign Investment that damages or may potentially damage national security is subject to a unified national security review regime, regardless of industry sector or whether it is controlled by a Foreign Investor. This is an extremely broad coverage, and even though the Draft Foreign Investment Law highlights a number of areas that are subject to particular review attention (such as national defense, key infrastructure and key natural resources), this expanded regime still raises much uncertainty to foreign investors.  Guidelines on national security review will be promulgated separately, which hopefully may provide more detailed clarifications.
It is also worth noting that Foreign Investors may not withdraw their applications of national security review without MOFCOM’s prior consent, and administrative reconsideration and administrative litigation are not available for any decision of national security review.


Transition From the Current Regulatory Regime

The Draft Foreign Investment Law will no longer regulate corporate governance issues for enterprises with foreign investment; instead, they will be required to follow the same requirements as domestic enterprises under the Company Law, the Partnership Law and the Law on Individual Proprietorship Enterprises. The Draft Foreign Investment Law gives existing EJVs, CJVs and WFOEs (“FIEs”) a three-year transitional period to conform with these laws.
The following are some of the potential changes to existing joint venture contracts and articles of association:
Changing the highest authority of an EJV from the board of directors to the shareholders’ meeting according to the Company Law;
Changing the legal status of an unincorporated CJV to either a limited liability company or a foreign-invested partnership; the highest authority of a CJV should no longer be the board of directors or the joint management committee, it should either be changed to the shareholders’ meeting according to the Company Law or follow the provisions in the Partnership Law;
Changing the profit distribution ratio of an EJV since profit sharing among shareholders is not required to be proportionate to equity ratio under the Company Law; and
Amending the pre-emptive right requirement so that selling shareholders of an EJV or a CJV will only need to obtain consents from more than half of the non-selling shareholders (rather than all the non-selling shareholders according to the EJV Law or CJV Law). This is particularly favorable to the selling shareholders of an EJV or a CJV which has multiple partners.

Conclusion

There is little doubt that the Draft Foreign Investment Law, when promulgated, will bring fundamental changes to the foreign investment regulatory regime in China. While the Draft Foreign Investment Law appears to be a very positive sign of the Chinese government’s determination to relax restrictions on foreign investment, several important issues regarding the new law still need to be answered.