Procedures for the Management of China's Industrial Investment Funds Abroad Expired
Area of Law： General Provisions on Banking Funds Securities RegulationsLevel of Authority： Administrative RegulationsDate Issued：09-06-1995Effective Date：09-06-1995Issuing Authority： People's Bank of ChinaStatus： Expired
- Order of the President of the People's Bank of China
(No. 1, 1995)
The Measures for the Administration of the Establishment of China's Industrial Investment Funds Abroad, which were approved by the State Council on August 11, 1995, are hereby issued, and shall come into force as of the date of issuance.
President of the People's Bank of China Dai Xianglong
September 6, 1995
PROCEDURES FOR THE MANAGEMENT OF CHINA'S INDUSTRIAL INVESTMENT funds abroad
- (Approved by the State Council on August 11, 1995 and promulgated by the People's Bank of China on September 6, 1995)
- Article 1 The procedures have been formulated to strengthen management of China's industrial investment funds abroad to adapt to the country'sopening up to the outside world and economic development.
- 第一条 为了适应对外开放和经济发展的需要，加强和完善对设立境外中国产业投资基金的管理，制定本办法。
- Article 2 China's industrial investment funds abroad (here in after referred to as "investment funds abroad" mean investment funds sponsored solely by Chinese non-bank financial institutions,non-financial institutions and organizations abroad (hereinafter all referred to as "Chinese invested organizations" ) or with the cosponsorship of overseas organizations with the Chinese capital as the holding stock to be raised and registered overseas mainly for use in investing in industrial projects at home.
- 第二条 本办法所称境外中国产业投资基金（以下简称境外投资基金），是指中国境内非银行金融机构、非金融机构以及中资控股的境外机构（以下统称中资机构）作为发起人，单独或者与境外机构共同发起设立，在中国境外注册、募集资金，主要投资于中国境内产业项目的投资基金。
- The term "sponsor" refers to Chinese invested organizations that launch investment funds abroad and that are legally responsible for the initiative, correctness, and completeness of the prospectuses.
- Article 3 In conducting business activities within the territory of China, investment funds abroad shall abide by the laws, administrative decrees and regulations of the People's Republic of China and shall not harm the public interests of the People's Republic of China.
- 第三条 境外投资基金在中国境内的业务活动必须遵守中华人民共和国法律、行政法规的规定，不得损害中华人民共和国的社会公共利益。
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