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2014-11-26 | Shanghai

Updates on NDRC's Approval Requirements for Foreign Investment Projects

On 26th November, the European Chamber welcomed Andrew McGinty, Managing Partner, Hogan Lovells LLP, to present about the latest updates on NDRC's Approval Requirements for Foreign Investment Projects. The latest Approval and Record-filing of Foreign Investment Projects Administrative Procedures were issued by the National Development and Reform Commission (NDRC) in May 2014. They represent the first major overhaul of the NDRC foreign investment regime in nearly 10 years.

Andrew explained that although the approval regime has been simplified and improved it remains a document-heavy, highly bureaucratic process which is likely to remain a daunting prospect for many foreign investors approaching it for the first time.

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Melanie Ullrich