National Development and Reform Commission, Measures for the Administration of Outbound Investment by Enterprises (Draft for Comments)
国家发展和改革委员会企业境外投资管理办法 (征求意见稿)
February 10, 2018 | BY
Susan Mok &Issued: November 3 2017 Main contents: With respect to an overseas acquisition or bid project the investment of the Chinese party in which…
Issued: November 3 2017
Main contents: With respect to an overseas acquisition or bid project the investment of the Chinese party in which is at least US$300 million, the investment entity is no longer required to submit a project information report to the National Development and Reform Commission (NDRC) before it commences substantive work dealing with third parties.
The Draft also proposes to incorporate outbound investments made by domestic enterprises through offshore enterprises they control into the administration framework, subjecting sensitive projects to administration by approval and requiring the submission of relevant information to the NDRC for non-sensitive projects with an investment amount of at least US$300 million (Article 14).
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