Opinions of the General Office of the State Council on Deepening the Reform of the Investment Approval System

China's State Council has issued a new set of guidelines to reform the country's investment approval system, aiming to further expand effective investment by improving approval efficiency and services. The guidelines pledged to further optimize the approval authority for government-invested projects and introduce a lifelong responsibility system for the decision-making of such projects.

Issuing Authority: General Office of the State Council

Issued on: April 15, 2026

Effective Date: From the date of issuance

Applicable Area: Nation-wide

Type: National Policy

 

Chinese

 

• China to further reform investment approval system to boost efficiency