ANNOUNCEMENT 04 May 2010

In May 2010, the government of China announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

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.


Inception date: 04 May 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

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 USDĀ 300 million. Prior to the change, foreign investment projects exceeding USDĀ 100 million were subject to approval by the central government.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A