ChinaFIG - General China Glossary of Terms

ChinaFig can answer your questions on IPO and on China business, China incorporations, China investment, China merger acquisition service along with advice from in-house China accountants.

General China Glossary of Terms
ChinaFIG consultants have provided a number of basic terms related to investment in China.

    • A Shares – domestically traded shares of public Chinese companies.

    • AOA – Articles of Association 

    • B Shares – Chinese companies which are listed overseas, but traded domestically as well.

    • Chop – a stamp which holds certain legal authority such as the right to enter into contracts or approve checks.
    • CJV - Cooperative Joint Venture  

    • EJV - Equity Joint Venture 

    • FIE –Foreign Invested Enterprise

    • H-Shares - Shares of Chinese companies having public offerings overseas and listings on the Hong Kong    securities exchange.

    • People’s High Court – The Provincial level Court directly below the People’s Supreme Court.

    • JV - Joint Venture 

    • MOFCOM - Ministry of Commerce

    • PRD - Pearl River Delta is the region just north of Hong Kong, in Guangdong Province. 

    • PRC – Peoples Republic of China

    • Red Chip – a Hong Kong listed company with significant interest in China

    • RO – Representative Office

    • SAIC – State Administration of Industry and Commerce

    • SAT – State Administration of Taxation oversees both personal and corporate taxation.

    • People’s Supreme Court – The highest level Court in China.

    • WOFE – Wholly Foreign Owned Enterprise

    • YRD - Yangtze River Delta is Shanghai and the surrounding region including southern Jiangsu province and northern Zhejiang province.