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The State Council promulgated the Government Approved Investment Project Directory

2014-December-3       Source: Newsgd.com

On November 18, 2014, the State Council issued the Notice on the issuance of the Government Approved Investment Project Directory (2014 Edition) (hereinafter referred to as “the Notice").

 

On November 18, 2014, the State Council issued the Notice on the issuance of the Government Approved Investment Project Directory (2014 Edition) (hereinafter referred to as “the Notice").

The Notice provides that the projects of fixed assets investment in the catalog invested by the enterprises shall be submit for project examination and approval of the relevant authority in accordance with the provisions. The projects in addition to the directory implement the record management.

In terms of the foreign investment, the Notice stipulates that encourage projects of total investment (including adding capital) of $1billion or more and restricted projects (not including real estate)of total investment (including adding capital) of $0.1billion or more, If these projects are required to the Chinese side holding (including relative Holdings) in the Guiding Catalog of Foreign Investment In Industry, shall be approved by the competent investment department of the State Council, among which the projects of total investment (including adding capital) of $2billion or more shall be reported to the State Council for the record.

(This information is provided by Lawyer Kelly Xie from Guangdong KaiTong Law Firm in friendship. It is not any legal opinion or legal grounds addressed to any organization or individual. For inquiry, please contact Kelly via email at Kelly_xie@ktlf.com.cn or by phone on 13926185641.)

Editor: Sunny

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