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ARTICLE · 26 NOVEMBER 2014

China Simplifies Procedures For Outbound Investment

Herbert Smith Freehills Kramer
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The new simplified procedures are set out in the Measures for the Administration of Outbound Investment ("New MOFCOM Measures"), which were issued by MOFCOM on 6 September 2014.

ChinaGovernment, Public Sector
Nanda Lau
Nanda Lau
Karen Ip
Karen Ip

China has further simplified its approval and filing procedures for outbound investment projects. The simplified procedures, issued by the China's Ministry of Commerce (MOFCOM), will come into effect on 6 October 2014.

The new simplified procedures are set out in the Measures for the Administration of Outbound Investment ("New MOFCOM Measures"), which were issued by MOFCOM on 6 September 2014. The New MOFCOM Measures implement the 2013 version of Catalogue of Investment Projects that Required Government Verification by the State Council ("2013 Catalogue"), issued in December 2013 (see our e-bulletin dated 26 December 2013). The NDRC's implementation rules ("NDRC Measures") were issued in April 2014.

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