To implement the Third Plenary Session of the Party's eighteen and State Council decision on the reduction of administrative examination and approval, to increase the spirit of decentralization efforts, to establish the dominant position of foreign investment enterprises, improve the level of foreign investment facilitation, in solicit public views on the basis of September 6, Commerce Department released a new revised "offshore investment management approach" (Ministry of Commerce 2014 No. 3, hereinafter referred to as the "Rules"), and further established the dominant position of foreign investment enterprises, enhance foreign investment facilitation. "Measures" 5 chapters 39, including general principles, filing and approval, standardize and services, legal liability and supplementary provisions. The main features are: First, to establish "record-based, supplemented approved" management model. "Rules" for my business in sensitive countries and regions, investment in sensitive sectors of the implementation of the approved management, the rest were implemented for the record. Second, the narrow scope of approval, shorten the approval time limit. "Approach" to cancel the implementation of the approved amount of foreign investment in certain specified above, and will shorten the approval time 5 working days. The third is a clear filing requirements and procedures. Business as long as truthfully and completely fill in "Record Form", you can get in three working days of filing. Fourth, the provincial commerce department responsible for registration of local businesses, convenient place for business enterprises. "Rules", the provincial commerce department responsible for local enterprises overseas investment to start a business record management, self-published and issued a "certificate of foreign investment enterprise." Fifth, public services, strengthen corporate guidance and norms. "Measures" in a clear government will continue to provide services for enterprises at the same time, increased the foreign investment enterprise to guide and regulate the behavior of the intensity. After the "measures" implemented, provincial director of the Ministry of Commerce and Ministry of Commerce goalkeeper strict accordance with the "Rules", good management of enterprises' overseas investment. 

keywords: Ministry of Commerce promulgated the newly revised "offshore investment management approach",