By Xiong Jin, Wang Kaiding , Huang Mengtian, Sun Yili, Luo Hai King & Wood Mallesons’ Corporate & Securities Group
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April 13, 2016, the National Development and Reform Commission (NDRC) published a consultation paper (Consultation Paper) on its website, seeking public opinion on the amendments (Amendments) proposed for the “Administrative Measures for the Verification and Record-filing on Outbound Investments Projects” issued in April 2014 (No.9 Regulation). Public opinion must be submitted by 13 May 2016, and NDRC is expected to officially promulgate the revised No.9 Regulation soon after the deadline.
The Amendments look quite limited, but have some encouraging developments.
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