The Foreign Partnership Measures is the second case for MOC and MOC local branches to lose approval authority in the recent years. The first case is for the representative office opened by most of foreign enterprises in China since 2004. Although the loss of approval authority， the MOC local branches at the same level with the SAIC local branches accepting the application for establishment of foreign partnership shall be advised the registration information (including the establishment， alteration and cancel) of the foreign partnerships by the latter.

　　Conclusion

　　For those foreign partners not interested in establishing professional foreign partnerships such as law firms in China， they are now can access the Chinese market with a presence in the option of partnership. The approval procedures involved with the MOC or its local branches as set up for FIEs has been removed. The minimum investment (registered capital) requirement for FIEs has been reduced to RMB30，000 (RMB100，000 for one-person limited liability company) by the Company Law of the People''s Republic of China (revised in 2005)， the Foreign Partnership Measures leave the minimum investment open to the partners. The foreign partners can contribute with the currency (freely exchanged foreign currency or legally earned RMB)， in kind， IPR， land use right， the other properties or labor service (limited to general partners) to the foreign partnerships. All these will minimize the cost for foreign partners to achieve their goal of profit maximization in China. But those enterprises focusing on the investment business， such as the foreign-funded venture capital investment enterprises and foreign-funded investment companies， are excluded from the Foreign Partnership Measures due to lack of experience in administrating this kind of enterprises by the government.

　　The issue of the Foreign Partnership Measures has been waited for more than two years since the Draft was published in 2007 and received a widely welcome. But its simplification with sixteen articles in only one and half pages remains some issues unsolved and ambiguous to the foreign partners. The foreign partners need also to consider more when they make a decision on their option of partnership， which may require the assistance from the legal professionals.