Reed Smith Client Alerts

Recently, the NDRC issued China’s new Administrative Measures for Overseas Investment by Enterprises, which will come into effect on 1 March 2018. Chinese investors shall abide by the new rules and be subject to relevant procedures specified therein with NDRC when conducting overseas investment activities. With just less than 2 months before the new rules are in effect, we discuss in this article the highlights and developments, compared to the previous version released in 2014, of the new rules. 

Authors: Michael J. Fosh Amy Yin Jay J. Yan Catherine Jing

On December 26, 2017, the National Development and Reform Commission of the People’s Republic of China (the NDRC) issued Order No. 11, promulgating the Administrative Measures for Overseas Investment by Enterprises (the New Measures), which will replace Order No. 9, which promulgated the Administrative Measures for Approval and Filing of Overseas Investment Projects issued in May 2014 by the NDRC (the 2014 Measures), and will take effect on March 1, 2018.