作者:熊进  费大可  金杜律师事务所

 

【在我们已发布的出售境外国有产权:国企必备操作指引(上)中,我们对出售境外国有产权是否一定需要进场交易、进场交易的替代性方案以及进场交易需要注意的相关问题做了相关介绍和分析。在本文中,我们将就境外国有产权交易中的卖方尽职调查、国资评估备案、交易价格支付条件这三个主题进行相关介绍和分析。】 Continue Reading 出售境外国有产权:国企必备操作指引(下)

作者:熊进  费大可  金杜律师事务所

在过去近十年中,积极响应中国政府“走出去”的号召以及“一带一路”的倡议,中国国企在全球各地进行了大量的投资。

与此同时,我们也注意到一个日趋明显的现象:由于战略调整、境外国资监管加强(包括主业与非主业的监管要求)以及市场的客观变化等因素,国有企业从已经完成投资的存量资产中全部或部分退出的交易也在不断涌现 – 无疑,这也是国有企业的投资与投后管理越来越市场化的一个明显例证。 Continue Reading 出售境外国有产权:国企必备操作指引(上)

作者:牟蓬 王宁远 金杜律师事务所 证券业务部

 

前言

2018年8月10日晚,司法部发布《中华人民共和国民办教育促进法实施条例(修订草案)(送审稿)》(以下简称“《送审稿》”)。作为一项效力级别较高的立法(行政法规),《送审稿》对民办教育行业的各项规定作了进一步细化,从而引起各方的高度关注。 Continue Reading 民办教育VIE特别攻略(二)

By Wang Kaiding, Huang Mengting and Tang Xinran King & Wood Mallesons’ Corporate & Securities group

On 26 December 2017, the National Development and Reform Commission (“NDRC”) issued the Administrative Measures for Enterprise Outbound Investment[1] (“Regulation No. 11”) which will come into force on 1 March 2018.

Regulation No. 11 contains six chapters and 66 articles. Compared to the 2014 Administrative Measures for the Verification and Record-filing on Outbound Investment Projects[2] (“Regulation No. 9”), there are several significant changes.  The change of the regulation’s title indicates that monitoring of outbound investments will no longer be limited to pre-transaction “verification” and “record-filing”, but will also cover the periods during and after transactions. Continue Reading China’s NDRC Issued New Outbound Investment Rules

作者:郑辉 唐逸韵 王良华 金杜律师事务所

2017年10月17日,英国商业、能源及产业战略部部长格雷格·克拉克公布了一份题为“国家安全和基础设施投资审查”的提案(绿皮书),就加强外商投资国家安全审查力度的措施征询国民意见。

该提案就改革现有外商投资的国家安全影响审查制度提出了短期措施和长期措施。短期来看,就军用和军民两用领域以及部分先进技术领域,提案建议在《2002年企业法》的基础上降低以营业额和市场份额为标准的审查门槛;长期来看,为保证外商投资不对国家安全造成重大损害,提案建议单独或共同适用以下两种不同形式对外商投资的国家安全审查进行改革: Continue Reading 英国外商投资新提案拟加强国家安全审查力度

作者:熊进 金杜律师事务所​公司证券部合伙人

2017年迎来全球化的转折之年,全球贸易与投资壁垒不断增多,经济“逆全球化”趋势有所抬头。展望2018,中国企业“走出去”与“引进来”并重。在国家“一带一路”的背景下,金杜律师事务所联合金杜法律研究院在“第四届中国企业全球化论坛”共同出版并发布了《智库报告:聚焦“一带一路”中的法律与实践》。熊进律师作为此报告的主要作者之一,在报告中撰写了《“一带一路”下的海外投资:洞悉新审批环境下的“反向分手费”》一文。我们就此对熊律师进行了专题采访。 Continue Reading “一带一路”丨外商投资审批监管趋严 中企如何破局?

By Xiong Jin, Jin Yi and Hu Haipan King & Wood Mallesons’ Corporate & Securities group

xiong_jinBackground: Development of Renewable Energy

In India, coal still provides the lion’s share (up to 60%) of national energy production. As the world’s largest coal consumer and the third largest producer, India is faced with a great challenge in adjusting its energy structure.

India began to realize the importance of renewable energy during the 1970s. The Ministry of New and Renewable Energy (MNRE) has vigorously promoted the industry’s development.  According to the Intended Nationally Determined Contribution, India is committed to promoting the long-term sustainable development of clean energy. It aims to increase the use of non-fossil fuel for power generation to 40% by 2030. Continue Reading B&R: New Opportunity for Solar PV Investments in India

作者:熊进 金怡 胡海盼 金杜律师事务所公司证券部

xiong_jin背景:可再生能源的发展

印度至今仍然是煤炭生产(全球第三)及消费(进口量全球第一)大国,煤炭消耗在本国能源的近60%,在能源结构及供需平衡上,面临着极大的挑战。

自1970起,印度逐渐意识到可再生能源的重要性,并通过MNRE(即Ministry of New and Renewable Energy,印度新能源和可再生能源部)大力推进可再生能源行业的发展。根据印度国家自定贡献目标(Intended Nationally Determined Contribution),印度将大力推动清洁能源的长期发展,并致力于在2030年前,将该国非化石燃料资源在发电组合中的比例提高至40%。 Continue Reading 一带一路:印度光伏产业投资的新契机

By Mark Schaub and Chen Bing King & Wood Mallesons’ Corporate & Securities group.

schaub_m1Many international companies that have seen sales of product rocket via Chinese ecommerce celebrated the March 17 Announcement by MOFCOM (i.e. a press release regarding the supervision of products imported through cross-border ecommerce (“CBEC Products”) during and after the extended grace period) as a signal that the good times will continue to roll. As stated in our previous article[1] we had concerns that many were reading too much into the March 17 Announcement and in particular the Chinese authorities would continue to have concerns about ensuring consumer safety.

Recently, Xiaoming Yuan, the Deputy Director-General of the Financial Department of the Ministry of Commerce (“MOFCOM”) in an interview with Oriental Outlook provided useful background about the context and implications of the March 17 Announcement. Continue Reading China Cross-border Ecomm: Intentions Become Clearer

作者:田文静 张琛 徐越 金杜律师事务所公司证券部

tian_wen-jing国家统计局数据显示,中国2015 年对俄罗斯直接投资流量29.61 亿美元,同比增长367.3%。截至2015年末,中国在俄直接投资存量为140.20亿美元,位列所有64个“一带一路”国家第二位。在国家推进“一带一路”建设工作领导小组办公室指导编撰的《“一带一路”大数据报告(2016)》中,俄罗斯更是在国别合作度指数综合评比中位列所有“一带一路”国家第一位。凭借其广阔的国内市场、稳定的政治环境、完善的基础设施网络以及对中国投资的积极态度,俄罗斯在吸引中国投资方面优势明显且潜力巨大。

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