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ARTICLE · 25 SEPTEMBER 2026

NDRC Publishes Draft ODI Administrative Measures For Public Consultation

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

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On 21 August 2026, the PRC National Development and Reform Commission (“NDRC”) released the draft Administrative Measures for Outbound Investment (“Draft Measures”) for public consultation until 20 September 2026.

ChinaGovernment, Public Sector
Nanda Lau
Nanda Lau
Gavin Guo
Gavin Guo
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On 21 August 2026, the PRC National Development and Reform Commission (“NDRC”) released the draft Administrative Measures for Outbound Investment (“Draft Measures”) for public consultation until 20 September 2026. As the Draft Measures remain subject to public consultation, the final measures may differ from the current draft.

The Draft Measures were released to align the NDRC regulatory framework with the Regulations on Outbound Investment promulgated by the PRC State Council, which took effect on 1 July 2026 (the “State CouncilODI Regulations”), and to implement and refine the relevant requirements at the NDRC level. Once finalized and implemented, the Draft Measures will replace the existing Administrative Measures for Enterprise Outbound Investment (“NDRC Order No. 11”), which have been the primary NDRC regulations governing outbound direct investment (“ODI”) since March 2018.

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