Q:
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What kinds of Chinese ODI projects are encouraged?
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A:
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The encouraged ODI include:
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ODI projects that are conducive to Belt and Road construction and infrastructural connections among neighbouring countries and regions.
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ODI projects that may drive the output of superior production capacity, high-quality equipment and technical standards.
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Strengthen the investment cooperation with overseas high-tech and advanced manufacturing enterprises and encourage the establishment of overseas R&D centres.
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Prudently participate in the exploration and development of overseas oil, gas, mineral and other energy resources on the basis of prudent assessment of economic benefits.
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Expand the agricultural cooperation with other countries and carry out mutually beneficial investment cooperation in agriculture, forestry, herding, fisheries and other fields.
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Promote overseas investment in business, culture, logistics and other services in an orderly manner, support eligible financial institutions to establish overseas branches and service networks, and conduct business in accordance with the law.
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Q:
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What kinds of Chinese ODI projects are prohibited?
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A:
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The prohibited ODI include:
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ODI involving the export of core technologies and products of military industries without state approval.
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ODI involving the use of technologies, techniques and products that prohibited from export by China.
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Gambling industry, pornography industry and etc.
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ODI prohibited by international treaties concluded or acceded to by China.
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Others that endanger or may jeopardize the interests and security of the state.
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Q:
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What kinds of Chinese ODI projects are restricted?
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A:
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The restricted ODI include:
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ODI in sensitive countries and regions that have no diplomatic relations with China, that are subject to war or that shall be restricted by the provisions of bilateral and multilateral treaties or agreements concluded by China.
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ODI in in real estate, hotels, movie studios, entertainment, sports clubs and etc.
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Setting up offshore equity investment funds or investment platforms without specific underlying industrial projects.
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ODI involving the use of backward production equipment that does not meet the technical standards of the destination country.
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ODI that does not meet the environmental protection and energy consumption safety standards of the destination country.
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Q:
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Does the Enterprise Overseas Investment Certificate issued by the MOFCOM have a validity period?
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A:
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Yes. The validity period of the Enterprise Overseas Investment Certificate is 2 years. The certificate will become invalid automatically if there is no overseas investment conducted within 2 years.
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Q:
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Does the approval or filing notice issued by the NDRC have a validity period?
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A:
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Yes. The validity period of the approval or filing notice is 2 years.
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FAQ
