Due to the global adjustment of business strategy and the considerable impact brought by COVID-19, a number of foreign investors no longer take China as their production base. Those having established labour-intensive industries in China are gradually adjusting existing business and are shifting to capital-intensive and technology-intensive industries. Consequently, many companies are looking for ways to optimize business and implement synergies. Implementing such restructuring and/or optimization efforts often raises complicated legal issues. In addition, over the past two years, Chinese legislative authorities issued the Foreign Investment Law of the People's Republic of China, the Regulation on the Implementation of the Foreign Investment Law of the People's Republic of China and several related regulations and notices, which mark the beginning of a new era for foreign investment in China. Foreign invested entities' restructuring or optimization plans require careful analysis in light of recent legislation and policy considerations. Moreover, foreign invested entities may borrow foreign loans and their overseas parents may raise funds backed by their assets located in China from time to time, while it is very difficult, if not impossible, to satisfy some requirements on foreign exchange, such as getting onshore security offshore loan registered with SAFE.

由于全球商业战略的调整和COVID-19带来的巨大影响，许多外国投资者不再把中国作为他们的生产基地。在中国建立劳动密集型产业的企业正在逐步调整现有业务，向资本密集型和技术密集型产业转移。因此，许多公司都在寻找优化业务和实现协同效应的方法。实施此类重组和/或优化工作往往会引起复杂的法律问题。此外，近两年来，中国立法机关先后出台了《中华人民共和国外商投资法》、《中华人民共和国外商投资法实施条例》及若干相关法规和通知，这标志着在中国外商投资进入了一个新时代。外商投资实体的重组或优化计划需要根据最近的立法和政策考虑进行仔细分析。此外，外商投资实体可能会借入外国贷款，其海外母公司可能会不时以其在中国的资产为担保筹集资金，但要满足某些外汇要求，如在国家外汇管理局注册内保外贷，即使不是不可能，也是非常困难的。

Fangda Partners, a prestigious Chinese law firm and AmCham member, is excited to co-host a seminar on Foreign Investment Entities Restructuring and Optimization in China on May14th, 2021. Fangda Partners has been advising international clients on doing business in China for almost 30 years. As one of the top law firms in China, Fangda Partners is able to support international companies on all of their legal needs in China through its full service offering. Fangda Partners will share with you the update of the latest changes in Chinese laws and share their experiences in handling complicated restructuring and optimization cases. Some notable accomplishments of the speakers from Fangda Partners include:

• Advising multiple multinational clients to invest in China in connection with the restructuring of their corporate structure, assets, employees, business and debts for financing, consolidation, transaction and other purposes;
• Advising international and domestic financial institutions and borrowers/sponsors in some of the largest and most complex finance transaction in China;

中国著名律师事务所、华南美国商会会员方达律师事务所（Fangda Partners）很高兴于2021年5月14日在深圳与美国商会共同举办外商投资实体重组与优化研讨会。方达合伙人近30年来一直为国际客户提供在中国开展业务的咨询服务。作为中国顶尖的律师事务所之一，方达律师事务所能够通过其全方位的服务，为国际公司在中国的所有法律需求提供支持。方达合伙人将与您分享中国法律最新变化，分享他们处理复杂重组优化案件的经验。方达律师事务所演讲嘉宾的一些显著成就包括：

• 建议多家跨国公司客户在中国投资，涉及公司结构、资产、员工、业务和债务的重组，用于融资、合并、交易和其他目的；
• 为国际和国内金融机构以及借款人/保荐人提供中国最大、最复杂的金融交易方面的咨询服务；

Fangda Partners will be covering:

• Overview of the relevant Chinese laws, regulations and judicial interpretations regarding FIE restructuring;
• Introduction on different options available for FIE optimization;
• Overview of the requirements on borrowing foreign loans and analysis of onshore security offshore loan and other structures with similar effects

本次研讨会将涵盖：

• 中国有关外商投资企业重组的法律、法规和司法解释概述；
• 介绍了不同的外商投资企业优化方案；
• 国外贷款要求概述、内保外贷及其他具有类似效应的结构分析