Circular on the Revision of Certain Foreign Exchange Control Policies Relating to Overseas Investment
关于调整部分境外投资外汇管理政策的通知
The Circular symbolizes further liberalization of the capital account foreign exchange purchase and remittance by PRC entities for making outbound foreign investments, following previous attempts in 2003 and 2005.
(Issued by the State Administration of Foreign Exchange on June 6 2006 and effective as of July 1 2006.)
(国家外汇管理局于二零零六年六月六日发布,自二零零六年七月一日起施行。)
Hui Fa [2006] No.27
汇发[2006] 27号