I. Report entities

As of the end of the previous year, foreign-invested enterprises legally established and registered within China are required to submit an annual report. Foreign (regional) enterprises engaged in production and business activities within China, as well as investment companies, venture capital enterprises, and partnership enterprises primarily engaged in investments established by foreign investors in China, should follow the guidelines for submitting annual reports for foreign-invested enterprises.

II. Reporting period

From Jan 1 to June 30 each year.

III. Reporting process

1. Foreign-invested enterprises should log in to the National Enterprise Credit Information Publicity System (www.gsxt.gov.cn) to submit the annual report.

2. In case of misreporting or omissions in the annual report, corrections or supplementary reports should be made through the National Enterprise Credit Information Publicity System before June 30 each year. From July 1 onwards, corrections or supplementary reports should be made through the Foreign Investment Information Report System (wzxxbg.mofcom.gov.cn). Foreign-invested enterprises failing to submit the annual report by June 30 each year will be included in the list of companies with operational anomalies. From July 1 onwards, corrections or supplementary reports should be made through the Foreign Investment Information Report System.

IV. Legal responsibilities

1. Foreign investors or foreign-invested enterprises that fail to submit investment information in accordance with relevant requirements and do not supplement or correct it as required by the competent commerce departments within 20 working days after notification shall be ordered to correct it. Failure to correct it within the specified period may result in a fine of not less than 100,000 yuan and not more than 500,000 yuan.

2. Commerce departments, upon discovering relevant situations where foreign investors or foreign-invested enterprises have not fulfilled their information reporting obligations in the course of supervision and inspection, should record them in the Foreign Investment Information Report System and improve credit supervision in accordance with relevant national regulations on credit system construction.

3. Foreign investors or foreign-invested enterprises receiving administrative penalties for violating information reporting obligations may be publicly disclosed on the publicity platform of the Foreign Investment Information Report System by the commerce competent department. The relevant information may also be incorporated into the national credit information system in accordance with relevant regulations.

4. Commerce departments may share information about foreign investors and foreign-invested enterprises fulfilling information reporting obligations and receiving corresponding administrative penalties with relevant departments such as market supervision, foreign exchange, customs, and taxation.