Ministry Of Commerce: Security Review Of Foreign Mergers And Acquisitions Is Not A New Threshold.
Shen Danyang, spokesman of the Ministry of Commerce, said 20, foreign investment started in September 1st. Merger The focus of the security review system is only on a few mergers and acquisitions that may have an impact on national security or bring potential impacts. It does not mean setting up new thresholds or new licensing procedures for foreign mergers and acquisitions.
Shen Danyang said that foreign mergers and acquisitions will gradually become one of the main forms of China's utilization of foreign capital. From 1 to August this year, China's foreign investment in M & A projects reached US $3 billion 400 million, which has increased considerably compared with previous years.
Shen Danyang further said that there is no need to worry too much about the issue of mergers and acquisitions of Chinese enterprises by foreign investors. Foreign invested enterprises are not totally equivalent to foreign capital, and about 30% of the existing foreign investment enterprises. Investment From the Chinese side, more than 60% of the foreign investment is from Hong Kong, Macao and Taiwan, and the rest 40% come from hundreds of countries and regions. Some of them come from various forms of Chinese investment, and some of them are returned by private enterprises in China to invest in Liberty Island. capital 。
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