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Inside China's New Policies On Overseas Investments

Law360, New York (September 12, 2017, 12:55 PM EDT) -- China's State Council on Aug. 4, 2017, promulgated the Guiding Opinions on Further Guiding and Regulating Overseas Investment. The opinions were jointly formulated by the National Development and Reform Commission (NDRC), Ministry of Commerce (MOFCOM), People's Bank of China (PBOC) and Ministry of Foreign Affairs (MOFA). The opinions divide China's outbound investments by sector into “encouraged,” “restricted” and “prohibited” categories, providing a clearer and more authoritative regulatory framework for regulation of overseas investments by Chinese companies.

“Encouraged” Category

The government continues to encourage qualified Chinese companies...
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