By XU Ping and XIONG  Jin King & Wood Mallesons’ Corporate Group

Introduction

In the strong spirit of reform as enshrined in those key policy documents promulgated at the close of the Third Plenary Session of the Eighteenth Congress of the Communist Party of China’s Central Committee, the State Council promulgated on the 2th December 2013, the “Catalogue of Investment Projects Subject to Governmental Verifications (2013)（《政府核准的投资项目目录（2013年本））” (“2013 Catalogue”) [1], with a view to promoting the “reduction and decentralization, to the greatest extent possible, of verification powers to truly implement the investment decision-making power of enterprises”.
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