介绍:
China pilots simplified approvals for overseas investment
The Ministry of Commerce is moving to ease the approval procedures for foreign investment.
The move includes cutting down approval times and streamlining the paperwork process.
This is part of the government's broader plan to encourage more overseas investment to help bolster the overall economy.
Foreign direct investment here on the mainland increased by over 5 percent year on year, exceeding 117-billion U.S. dollars last year.
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