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: 01 Jan 2014 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

On December 16, 2013, China's Ministry of Commerce (MOC) published Announcement no. 87 of 2013 on Issues Concerning Cross-Border RMB Direct Investment, which makes it easier for overseas investors (including investors from Hong Kong, Macao and Chinese Taipei) to invest in RMB-denominated funds in Mainland China.
 
Previously, foreign investors had to specify the sources of their yuan funding, and the regulations required the provincial bureaus, where the investments were to be registered, to report to the MOC for further approval if the amount of investment exceeded RMB 300 million (US$49 million), or if the investment was to be done in certain sectors.
 
These two requirements have been lifted in the new regulations, effective as of January 1, 2014.
Foreign investors must still comply with the other provisions of Chinese foreign investment law and anti-monopoly law (which covers mergers and acquisitions.)

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.