The Ministry Of Commerce'S New Version Of "Overseas Investment Management Measures" Was Implemented In October 6Th.

In September 9th, the Ministry of Commerce announced that the newly revised "overseas investment management measures" is about to be implemented, and that Chinese enterprises will invest mainly in foreign investment.

The "method" establishes the management mode of "Filing primarily and approving supplemented", and approves the management of the investment of Chinese enterprises in sensitive countries and regions and sensitive industries, and the rest are put on record.

We should narrow the scope of approval and shorten the time limit for approval. We have abolished the regulations for approving overseas investments above specified amounts, and reduced the time limit for approval by 5 working days.

The filing requirements and procedures can be filed within 3 working days as long as truthfully and completely fill in the record form.

Stipulates that the provincial commerce department is responsible for the record management of overseas investment and start-up enterprises of local enterprises, printing and Issuing the certificate of overseas investment by oneself.

The new "measures" will be held in October 6th.

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