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Shanghai Commentary 2-2014

MOFCOM Improves Foreign Investment Review Administration

To implement the Notice on the Reform Plans of Registered Capital Regime and the Decisions on Abolishment and Modification of Certain Administrative Regulations promulgated by the State Council on February 2014, the Ministry of Commerce (“MOFCOM”) recently released the Notice on Improving Foreign Investment Review Administration (the “Notice”) on June 17th, 2014 and published the same on its official website on June 24th, 2014.