Clifford Chance
China reforms her foreign direct investment regulatory regime
6 September 2016
On 3 September 2016, China's Standing Committee of the National People's Congress (NPCSC) adopted a resolution (Resolution) to abolish the current examination and approval regime applicable to the establishment of most foreign-invested enterprises (FIEs) in China.
On the same day, the Ministry of Commerce (MOFCOM) published a set of draft measures to implement the change. Both developments represent a major milestone moving towards a simplified regime for regulating foreign direct investment in China.
