Foreign Direct Investment

More outbound cross-border Rmb investments expected from FDI earnings.

Onshore oil exploitation pays resource tax.

FDI in Rmb officially allowed.

Offshore oil exploitation pays resource tax.

Increase in cross-border Rmb investments expected

These Measures govern the handling of renminbi settlement matters relating to foreign direct investment by banks.

The Circular liberalises the market entry conditions for, and scope of business of, wholly foreign-owned shipping companies.

The Circular lists the circumstances under which cross-border direct investments in renminbi shall be submitted to the Ministry of Commerce for review.

Mofcom prohibits circumvention of M&A security review by means of offshore transactions