New SAFE Regulations on Foreign Direct Investment

March 31, 2003 | BY

clpstaff &clp articles

Llinks Law OfficeIn order to further improve the foreign exchange administration for foreign direct investment (FDI), the State Administration of Foreign…

Llinks Law Office

In order to further improve the foreign exchange administration for foreign direct investment (FDI), the State Administration of Foreign Exchange (SAFE) issued the Issues Relevant to Improving Foreign Exchange Control on Foreign Direct Investment Circular (关于完善外商直接投资外汇管理工作有关问题的通知) (the Circular), which became effective on April 1 2003. The Circular seems to offer more flexibility for foreign capital to access China's market.

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