New SAFE Provisions on the Administration of Foreign Exchange in Foreign Direct Investments of Foreign Investors

15/05/2013

By: webmaster cn
Tel:
Email: lisha@hil-law.com

On 10 May, 2013, the State Administration of Foreign Exchange (SAFE) formulated the Provisions on the Administration of Foreign Exchange in Foreign Direct Investments of Foreign Investors (the “Provisions”) and  relevant supporting documents, further regulating and clarifying the administration of foreign exchange administration in FDI, and repealing a batch of regulatory documents concerning FDI foreign exchange administration. The Provisions become effective per 13 May, 2013.

(Source: www.safe.gov.cn)


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