Changes could reduce regulatory uncertainty for Chinese investors, potentially spurring significant increases on outbound Chinese investment, especially in sensitive industries.

Summary -

Continuing a policy of gradually relaxing its control over outbound investments of Chinese companies, China’s National Development and Reform Commission (the NDRC) proposed amendments (the Proposed Amendments) to the Administrative Measures for Approval and Registration of Outbound Investment Projects (together with its predecessor rules, the Outbound Rules) on April 13, 2016.