What is the contract approval process?

Generally speaking, the process of signing a contract is divided into three stages. The first stage is the brewing stage. The so-called brewing stage means that the two parties negotiate and discuss the main contents and terms of the contract and reach an intentional text framework agreement. This is the stage of deliberation and discussion. The second stage is that according to the situation in the brewing discussion stage, one party drafts the text, submits the drafted text to the other party for modification, supplement and perfection, and then submits it to the other party for review and modification. This is the stage of proposing and modifying the text. This may take several rounds, and then the parties reach an agreement on the main terms and contents of the contract without any modification. Will enter the third stage, that is, the signature and seal stage. The signature and seal stage is generally signed and sealed by one party and sent to the other party for final signature and seal. Exchange letters after stamping, which is the whole process of signing a contract.