The Limits of Authority for Examination and Approval of Shaoxing Municipal People's Government:
¡ªForeign investment programs of less than 30 million US dollars of total investment encouraged and permitted by the country
¡ªContracts for processing the investor's raw material and assembling the investors parts of less than 10 million US dollars
¡ªCompensation trade contracts of less than 300 thousand US dollars

For programs and contracts exceeding the above mentioned limits, they should be reported to the relevant departments at the provincial level for approval by Shaoxing City.