IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Dec 2011 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 8 December 2011 China introduced new rules on foreign-funded investment firms, including barring them from using loans obtained inside China to finance their expansion in China. Thus, foreign-funded investment companies may (with the approval of local foreign exchange bureau) directly use RMB profits, RMB obtained in China by way of early recovery of investment gains, liquidation, equity transfer and capital reduction for domestic investment, which increases the foreign exchange convenience for foreign-funded investment firms.

AFFECTED COUNTRIES

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