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Circular on Issues Relevant to Delegation of the Examination and Approval Authority over Foreign Investments to Lower Levels
关于下放外商投资审批权限有关问题的通知

Mofcom delegates approval power over foreign-invested holding companies and venture capital companies to lower-level authorities.

商务部下放外商投资性公司、外商投资创业投资企业的审批权限。

Issue: July/August 2010

CLP Reference: 2300/10.06.10

PRC Reference: 商资发 [2010] 209号

Promulgated: 10 June 2010

Keywords (click to search): examination and approval authority foreign investment foreign-invested enterprises FIE Ministry of Commerce Mofcom local authorities

(Issued by the Ministry of Commerce on June 10 2010.)

Shang Zi Fa [2010] No.209

With a view to thoroughly implementing the Several Opinions on Further Improving the Work on the Use of Foreign Investment (Guo Fa [2010] No.9) and intensifying reform of the system for the administration of foreign investment, we hereby notify you on issues relevant to the delegation of authority for the examination, approval and administration of foreign-invested enterprises to lower levels as follows:

(商务部于二零一零年六月十日发布。)

商资发 [2010] 209号

为贯彻落实《国务院关于进一步做好利用外资工作的若干意见》(国发[2010]9号),深化外商投资管理体制改革,现就外商投资企业审批和管理权限下放有关问题通知如下:


1. The establishment and change in the particulars of foreign-invested enterprises in the encouraged and permitted categories of the Foreign Investment Industrial Guidance Catalogue with a total investment under US$300 million and in the restricted category with a total investment under US$50 million (the Limits) shall be subject to the examination, approval and administration of the competent commerce departments of the provinces, autonomous regions, municipalities directly under the central government, cities with independent development plans, the Xinjiang Production and Construction Corp and sub-provincial municipalities (including Harbin, Changchun, Shenyang, Jinan, Nanjing, Hangzhou, Guangzhou, Wuhan, Chengdu and Xi’an), and state-level economic and technology development zones (Local Examination and Approval Authorities). The Limit for foreign-invested companies limited by shares shall be calculated based on their registered capital, the Limit for entities converted into foreign-invested companies limited by shares shall be calculated based on their appraised net assets and the Limit for domestic enterprises acquired by foreign investors shall be calculated based on the acquisition transaction amount.

一、《外商投资产业指导目录》鼓励类、允许类总投资3亿美元和限制类总投资5000万美元(以下简称限额)以下的外商投资企业的设立及其变更事项,由省、自治区、直辖市、计划单列市、新疆生产建设兵团、副省级城市(包括哈尔滨、长春、沈阳、济南、南京、杭州、广州、武汉、成都、西安)商务主管部门及国家级经济技术开发区(以下简称地方审批机关)负责审批和管理。其中,外商投资股份有限公司的限额按注册资本计,改制为外商投资股份有限公司的限额按评估后的净资产值计,外国投资者并购境内企业的限额按并购交易额计。


2. Local Examination and Approval Authorities shall be responsible for the examination, approval and administration of single capital increases the amount of which falls below the Limit.

二、单次增资额在限额以下的增资事项由地方审批机关负责审批和管理。


3. Local Examination and Approval Authorities shall be responsible for the examination, approval and administration of the establishment and changes in the particulars of foreign-invested enterprises in the encouraged category above the Limit provided that comprehensive balancing by the state in connection therewith is not required.

三、限额以上鼓励类且不需要国家综合平衡的外商投资企业的设立及其变更事项,由地方审批机关负责审批和管理。



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