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, the Ministry of Commerce, Ministry of Finance, State Administration on Taxation, State Administration for Industry and Commerce, State Statistics Buerau, and the State Administration on Foreign Exchange jointly issued the Notice on Further Improving Measures in relation to Foreign-funded Investment Companies (Shangzihan'2011' No.1078).
 
The Notice mainly prescribes relevant requirements and restrictions on reinvestment in China. In particular, foreign investment companies shall not use loans obtained in China for reinvestment in China. Investment revenue in RMB, income obtained through advance recovery of investment, clearance, stock transfer, capital reduction in RMB are allowed to be used directly for investment in China.

AFFECTED COUNTRIES

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