China: State Council Issues Outbound Investment Regulation (opens in new tab)

On June 1, 2026, China’s official news agency published the Provisions on Outbound Investment (original in Chinese, press release in English). The new regulation elevates China’s regime regulating outbound investments to the State Council level. Effective July 1, the regulation provides that outbound investments that “affect or may affect national security” will be subject to dedicated security reviews.The State Council (China’s Cabinet) passed the new regulation on April 17. It was formally ...