China: Delegation of foreign investment approval to the provincial level
Description
On 4 May 2010, the National Development and Reform Commission announced the further delegation of foreign investment approval to the provincial level. Through Circular 914/2010, the commission allows provincial governments to approve foreign investmen of up to USD 300 million. Prior to the change, foreign investment projects exceeding USD 100 million were subject to approval by the central government.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 4 May 2010
GTA Evaluation: Green
Source:
National Reform and Development Commission. (2010). Circular 914/2010. Available at http://www.ndrc.gov.cn/zcfb/zcfbtz/2010tz/t20100507_345477.htm
UNCTAD. (2010). World Investment Report 2010.
Government Response:
- 451 reads
