China’s economic planner announced this week that restrictions on local firms investing overseas would be eased, reports Reuters.
New legislations will mean that from May 8, Chinese firms planning to invest less than $1 billion overseas will not need to seek approval from the National Development Reform Commission (NDRC), announced the commission.
New legislations will mean that from May 8, Chinese firms planning to invest less than $1 billion overseas will not need to seek approval from the National Development Reform Commission (NDRC), announced the commission.