China issues new unified outbound investment regulations

知识亮点 18 June 2026

On 1 June 2026, the State Council of the People’s Republic of China (“PRC” or “China”) promulgated the Provisions of the State Council on Outbound Investment (Order No. 837) (“Provisions”), which will take effect on 1 July 2026. As the first comprehensive State Council-level administrative regulation of China’s outbound investment, the Provisions consolidate the fundamental principles within the existing cross-border investment regulatory framework while clarifying the key systems governing services, administration, and protection for outbound investment by PRC entities and individuals. The Provisions further integrate multiple regulatory elements, including national security review, export controls, cross-border data transfer compliance, cross-border dispute resolution, and anti-foreign sanctions, with a focus on full lifecycle compliance management and protection of rights and interests.

The Provisions provide market entities in China with clearer compliance guidance and institutional safeguards for PRC entities and individuals conducting overseas investments, marking the beginning of a new phase of systematic development of China’s outbound investment governance system. The issuance of the Provisions reflects China’s commitment to advancing higher-level governance while simultaneously providing market entities with a more stable and predictable regulatory framework.

This article, written in both English and Chinese, provides an overview of the key impacts of the core changes under the Provisions.

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