MOFCOM pushes FIVCIEs into record management
June 01, 2012 | BY
clpstaff &clp articlesA MOFCOM Notice forces FIVCIEs to record their investments with relevant ministries, but market participants don't think the move will deter foreign investors
The Ministry of Finance and Commerce (MOFCOM) issued itsNotice on Improving Foreign-Invested Venture Capital Record Management (关于完善外商投资创业投资企业备案管理的通知) on May 7.
The Notice, which came into force on