China’s National Development and Reform Commission has released a draft revision to its outbound investment management rules for public comment, according to Caixin. The consultation period runs from Aug. 21, 2026 to Sept. 20, 2026. One of the main proposed changes is an expanded definition of investor, extending coverage beyond enterprises to include domestic enterprises, other organizations, and individual residents. The draft also states that reinvestment made by investors outside China would still fall within the scope of outbound investment. In the regulatory section, the proposal sets out rules on investment classification, division of oversight responsibilities, and procedures and time limits for approval or filing. Investors would need to obtain an approval document or filing notice before carrying out an outbound investment. For individual residents, who are newly added under the proposal, the approval authority would be the NDRC, while filing would be handled by provincial-level development and reform departments in the place of household registration or habitual residence.
China’s National Development and Reform Commission has published a draft revision to the Administrative Measures for Outbound Investment and opened it for public comment, according to Caixin. The consultation period runs from Aug. 21, 2026 to Sept. 20, 2026.
The draft would expand the scope of investors from enterprises to domestic enterprises, other organizations, and individual residents. It also makes clear that reinvestment carried out by investors overseas would still be treated as outbound investment.
On supervision, the draft covers the classification of outbound investment, the division of regulatory responsibilities, and the procedures and time limits for approvals and filings. Investors would need to obtain an approval document or a filing notice before proceeding with an outbound investment.
For individual residents newly brought into the investor category, the approval authority would be the NDRC. The filing authority would be the provincial-level development and reform department in the investor’s place of household registration or habitual residence.
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