NATIONAL LEGISLATIONCONSTITUTION AND LEGAL SYSTEMMinistry of Justice, Decision on Repeal of 12 Rules Promulgated by the Ministry司法部关于废止十二件部颁规章的决定L1400/09.02.26…
Mofcom delegates the authority to approve foreign-invested companies with an investment nature with registered capital of US$100 million or less to provincial-level and sub-provincial-level local authorities.
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.