China's NDRC seeks feedback on revised outbound investment rules, adding individual residents

ChainCatcher reported that China's National Development and Reform Commission (NDRC) has published the "Measures for Administration of Outward Investment" in draft form for public consultation. Caixin said the comment period runs from Aug. 21 to Sept. 20, 2026. The draft broadens the definition of "investors" to cover domestic enterprises, other organizations and resident individuals. It also specifies that overseas reinvestment by these investors will be treated as outward investment. Under the proposed oversight framework, investors would need to secure either an approval document or a filing notice before carrying out any outward investment. The draft sets out investment classification, the division of regulatory responsibilities, and the procedures and timelines for approvals and filings. For resident individuals newly brought into scope, the NDRC would serve as the approval authority, while filings would be handled by the provincial-level development and reform department where the individual is registered as a resident or maintains habitual residence.