Circular on Further Improving the Examination and Approval of Foreign Investment

关于进一步改进外商投资审批工作的通知

Acquisition of domestic enterprises in the encouraged or permitted category which transaction amount is less than or equal to US$100 million may be approved by local authorities.

(Issued by the Ministry of Commerce on March 5 2009.)

(商务部於二零零九年三月五日发布。)

Competent commerce departments of provinces, autonomous regions, municipalities directly under the central government, cities with independent development plans, Harbin, Changchun, Shenyang, Jinan, Nanjing, Hangzhou, Guangzhou, Wuhan, Chengdu, Xi'an and the Xinjiang Production and Construction Corp, state-level economic and technology development zones and state-level border economic cooperation zones:

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