Foreign Direct Investment

Circular puts an end to FIEs' super national treatment.

Application procedures for foreign-invested projects for sale effected over the Internet and by vending machines streamlined.

Contracts not yet approved are still valid.

The Provisions address the issues of the application of law concerning disputes arising in the course of the establishment, the modification, etc. of foreign-invested enterprises, which mainly include the validity of contracts without approval and its legal consequences, equity confirmation, equity transfers and equity pledges.

New notice promotes private investment in certain industries

 It came as no surprise that China's most recent foreign direct investment (FDI) rules, revamped in April, focused heavily on encouraging the inflow…

Door widens for overseas companies that settle trades in renminbi

A series of new policies recently released to attract foreign investment demonstrates China's aim to diversify foreign direct investment, channel money into the central and western regions, and encourage environmentally-friendly and high-tech industries to set up onshore. However, the rules are fairly general and more legislation will be needed for proper implementation

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