NDRC Issues Measures for Approval and Record-filing of Foreign Investment Projects

On May 17, the National Development and Reform Commission issued the Measures for the Administration of Approval and Record-filing of Foreign Investment Projects (the "Measures"), which shall take effect as of June 17, 2014.

The Measures shall be applicable to various foreign investment projects such as Sino-foreign joint ventures, Sino-foreign contractual joint ventures, wholly foreign-owned enterprises, foreign-invested partnerships, foreign mergers and acquisitions of domestic enterprises, capital increases, and reinvestments of foreign-invested enterprises. The Measures divide foreign investment projects into two categories which respectively require approval and record-filing, and specify the scope of foreign investment projects subject to approval. According to the Measures, foreign investment projects which are not subject to approval shall be filed with investment administrative authorities of local governments for the record.



(Source: www.sdpc.gov.cn)