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Last year, the National Development and Reform Commission (NDRC) issued the Administrative Measures for Approval of Outbound Investment Projects (Draft for Consultation). These measures do not make any significant changes in the outbound investment project approval and verification process and timeframe set out in the Interim Measures, which they are replacing, but they do relax several requirements as well as incorporate a few regulatory changes adopted by the NDRC in recent years.

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Region: China
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