Key facts
- China will revise measures for managing outbound investment.
- The goal is to better protect investors' rights and assets and fend off risks overseas.
- A draft of the revised rules is open for public comment until September 20.
- The revised regulations will cover outbound investments by companies, other organizations, and individuals.
- New measures include improving reporting for "major adverse events" and large-scale projects concerning diplomatic relations.
- The rules will also step up protection against risks such as political instability.
China's National Development and Reform Commission (NDRC) announced on Friday that it will revise measures for managing outbound investment. The state planner aims to better protect investors' rights and assets and to fend off risks overseas. A draft of the revised rules has been released and is open for public comments until September 20.
The revised regulations will expand coverage to include outbound investments by companies, other organizations, and individuals, an increase from the existing rules that took effect in 2018 and applied to companies and non-corporate organizations.
The NDRC stated that the revisions align with the central government's policies, noting that the State Council, China's cabinet, issued new rules for outbound investment in June.