Controls on Overseas Investment Relaxed

On 10 April 2014, the National Development and Reform Commission (NDRC) released a new policy for Chinese companies who intend to invest overseas. The new policy aims at streamlining the application process and raising the threshold for the size of investments that must apply for national-level approval.A�ColliersA�sees this newly relaxed policy towards overseas investment as an encouraging step in the countrya��s a�?Going Abroada�? policy.