ANNOUNCEMENT 18 Mar 2012

In March 2012, the government of China announced altered domestic business conditions for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



"Interim Measures for the supervision and management of central enterprises' overseas investment", The State-owned Assets Supervision and Administration Commission of the State Council, 18 March 2012.


Inception date: 18 Mar 2012 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

From 18 March 2012 China strengthens the supervision and management of State-owned enterprises' investments abroad. The Interim Measures apply to investments made outside mainland China by enterprises in which the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a capital contributor, and to their wholly-owned or controlled subsidiaries.
The measure states that the State-owned enterprises should, inter alia, establish outward investment management systems, report their annual investment plans to SASAC and obtain SASAC authorization for investments in fields outside their core industries.
 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A