National Development and Reform Commission, Circular on Duly Carrying Out the Foreign Investment-related Tasks Relevant to the Thorough Implementation of the «List of Investment Projects Subject to Government Check and Approval (2016)»

国家发展改革委关于做好贯彻落实《政府核准的投资项目目录（2016年本）》有关外资工作的通知

February 24, 2017 | BY

Susan Mok

Investment thresholds for foreign-invested projects subject to approval of lower-level authorities raised.

Clp Reference: 2300/17.01.14 Promulgated: 2017-01-14

Issued: January 14 2017

Main contents: Projects in the restricted category of the Foreign Investment Industrial Guidance Catalogue with a total investment (including capital increases) of at least US$300 million (previously US$100 million) shall be subject to check and approval by the National Development and Reform Commission (NDRC), and those with a total investment (including capital increases) of at least US$2 billion shall be reported to the State Council for the record.

Projects in the restricted category of the Foreign Investment Industrial Guidance Catalogue with a total investment (including capital increases) of less than US$300 million (previously US$100 million) shall be subject to check and approval by the provincial-level government.

Foreign-invested projects falling within Sections I to X of the List of Investment Projects Subject to Government Check and Approval (2016), other than those specified in the preceding two paragraphs, shall be checked and approved in accordance with the provisions of Sections I to X of the List of Investment Projects Subject to Government Check and Approval (2016) (Article 1).

Foreign-invested projects falling outside the scope of those subject to check and approval, and not included in the prohibited category of the Foreign Investment Industrial Guidance Catalogue shall be subject to record filing by the local development and reform department (Article 2).

Related legislation: Foreign Investment Industrial Guidance Catalogue (Amended in 2015), Tentative Measures for the Administration of the Record Filing of the Establishment of, and Changes in, Foreign-invested Enterprises and National Development and Reform Commission and Ministry of Commerce, Announcement [2016] No.22

clp reference:2300/17.01.14 issued:2017-01-14

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