The Comparative Studies On Sino-Nigerian Foreign Investment Laws

Foreign investment plays a significant role in both Chinese and Nigerian domestic economic development. In the past few years foreign investment has been growing fast in China and Nigeria. There exist lots of differences between Sino-Nigerian foreign investment laws and regulations. This thesis consists the preface and five following chapters.Chapter One is concerning the comparison studies on the backgrounds, historic development, status quos and problems of Sino-Nigerian foreign investment legislation. China's foreign investment laws are featured with a scattered legislative power, coexisting mode for investments from home and abroad, and separate legislation according to business norms. Nigerian foreign investment laws are characterized with a centralized legislative power and a unified mode governing both domestic and foreign investment.Chapter Two is about the comparative research on the provisions on the foreign investment orientation, the conditions and forms of foreign investment access, the scope, procedures and mechanism between Chinese and Nigerian foreign investment laws. China stipulates more limits, and stricter examination and approval procedures on foreign investment access than Nigerian does.Chapter Three talks about the differences between the legal rules of the foreign investors'rights, the organs of power, the administrative organizations, the capital and foreign exchange control mechanisms of foreign-invested enterprises. Nigerian foreign investment laws cover a wider range than Chinese.Chapter Four discusses the stipulations of the two countries with regard to foreign investment incentives, protection measures and dispute solutions.In Chapter Five the author puts forward some proposals on how to perfect Chinese foreign investment laws on the base of theoretical analysis of the necessity and feasibility study. The suggestions focus on the following aspects:to add new forms of foreign investment, to regulate preferential tax incentives, to restructure foreign investment access and approval mechanisms, and to revise foreign investment protection and dispute solution measures.The main clue of this paper is to draw a conclusion that China's foreign investment laws not only need to be perfected but also can be restructured on the basis of the comparative studies on Sino-Nigerian related laws and regulations.