New Opportunities for Investing in PRC Real Estate Market

October 15, 2008 | BY

clpstaff &clp articles

In July 2008, MOFCOM issued a circular granting provincial-level authorities more leeway in approving foreign investment real estate projects. Lawrence Guo, a partner at Broad & Bright, looks at how the delegation of power will change the playing field.

Share:

On July 1 2008, the Ministry of Commerce (MOFCOM) issued a circular in which it delegated its “powers of reviewing and verifying the recordal of foreign investment project proposals in