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在线翻译:
szdaily -> Business
Rules issued for overseas investment by private firms
    2017-December-19  08:53    Shenzhen Daily

THE National Development and Reform Commission (NDRC) said yesterday it has issued new guidelines for overseas investment by private companies, aiming to resolve some cases of firms violating policies, engaging in unfair competition, and poor safety and quality management.

Private companies should improve risk controls, set up contingency plans, and improve safety measures in overseas investment, NDRC spokeswoman Meng Wei told a regular news conference.

Private companies should comply with domestic and overseas procedures and engage in fair competition with regard to overseas investment, Meng said, citing the new guidelines.

The government last week issued similar rules for overseas investments by State firms after surging foreign investment by Chinese companies raised worries of capital outflows and “blind” overseas expansion.

Companies should also be mindful of environmental protection and develop comprehensive strategies and financial management for overseas investment, Meng said.(SD-Agencies)

 

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