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ARTICLE · 10 JANUARY 2018

China's NDRC Seeks Public Comments On Important Outbound Investment Regulatory Changes

CMS Cameron McKenna Nabarro Olswang
Explore more from CMS Cameron McKenna Nabarro Olswang

The draft is open for public comments until 3 December 2017, CMS will continue to track its development.

ChinaGovernment, Public Sector
Nick Beckett
Nick Beckett
Vera Zhang
Vera Zhang
Roxie Meng
Roxie Meng

On 3 November 2017, the National Development and Reform Commission ("NDRC"), one of China's key outbound investment regulatory bodies, has issued the Announcement on Seeking Public Comments on the Administrative Measures for Outbound Investment of Enterprises (Draft for Comment) (the "Draft").

The Draft was prepared in light of the Guiding Opinions on Further Guiding and Standardising the Orientation of Overseas Investment issued by the State Council earlier in August this year, which required authorities to simplify the procedures for outbound investments and to increase the supervision on investment projects that may raise national security concerns. Compared to the current effective outbound investment regulation, namely the Administrative Measures for Approval and Record-filing on Overseas Investment Projects (the "Order No. 9"), several major changes have been proposed by the Draft.

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