China Promulgates Further Measures to Widen the Door to Outbound InvestmentOn 6 September 2014, China's Ministry of Commerce ("MOFCOM") promulgated the Administrative Measures for Outbound Investment (境外投资管理办法) (the "Measures"), which took effect on 6 October 2014. The Measures widen the door to outbound investment by Chinese enterprises and relax certain approval requirements accordingly.
Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only
intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.