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In December 2017, the Chinese National Development and Reform Commission added to the increasing amount of policies it was releasing regarding outbound investment by Chinese firms with a 36-point set of guidelines governing outbound investment.
The rules compliment a set of encouraged, restricted and prohibited sectors announced in August of the same year (see related act).
The Chinese government is keen to rein in the exponential outward expansion seen in recent years, to reduce the chances of overconfident investors making poor decisions, which negatively affect the domestic economy of the PRC.
More rules were published later in 2018, regarding both state-owned and private firms (see related acts).
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