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PRC Regulatory Updates on Delegation of FIE Approval Authorities
In order to optimize China's foreign investment regulatory framework, the Chinese government has taken a serial of actions to simplify foreign investment approval procedures in the past several years and has delegated quite some central level government approval authorities to their local counterparts. In the attached memorandum, our lawyers have summarized some key developments and useful observations for our foreign friends' easy reference in this connection.
PRC Regulatory Updates on FIE Approval Authority Delegation (2011) 105.pdf