1. Project initiation by the National Development and Reform Commission-apply to the development and reform department and the commission office for project initiation, submit project materials, and all required legal documents, documents or filing notices will be signed by domestic investors, which will be approved or prepared by the development and reform department.

2. Examination and approval by the Ministry of Commerce —— The Ministry of Commerce examines and approves or puts on record and issues certificates for overseas investment of enterprises. Enterprises should invest abroad within two years after obtaining the certificate.

3, safe filing-bank foreign exchange, safe supervision. If the investment is more than $5 million, it shall be reported to the external management department. The foreign exchange registration certificate for domestic and foreign direct investment shall be issued after examination and approval by the foreign exchange administration department.

1. Project initiation by the National Development and Reform Commission-apply to the development and reform department and the commission office for project initiation, submit project materials, and all required legal documents, documents or filing notices will be signed by domestic investors, which will be approved or prepared by the development and reform department.

2. Examination and approval by the Ministry of Commerce —— The Ministry of Commerce examines and approves or puts on record and issues certificates for overseas investment of enterprises. Enterprises should invest abroad within two years after obtaining the certificate.

3, safe filing-bank foreign exchange, safe supervision. If the investment is more than $5 million, it shall be reported to the external management department. The foreign exchange registration certificate for domestic and foreign direct investment shall be issued after examination and approval by the foreign exchange administration department.