【Ministry of Commerce and other six departments: This revision appropriately lowers the asset requirements for non-controlling foreign investors】Jin Shi Data, November 1st - On November 1st, the Ministry of Commerce, the China Securities Regulatory Commission, the State-owned Assets Supervision and Administration Commission, the State Administration of Taxation, the State Administration for Market Regulation, and the State Administration of Foreign Exchange revised and published the (Measures for the Management of Strategic Investment by Foreign Investors in Listed Companies). The revised (Measures) relax the asset requirements for foreign investors. The original (Measures) required that the total assets of foreign investors outside China should not be less than 100 million USD or that the total assets managed outside China should not be less than 500 million USD. To facilitate and promote the introduction of more long-term capital into listed companies, this revision appropriately lowers the asset requirements for non-controlling foreign investors. If a foreign investor does not become the controlling shareholder of the listed company after making a strategic investment, the asset requirement is lowered to a total of not less than 50 million USD or managed assets totaling not less than 300 million USD; if they become the controlling shareholder of the listed company, the requirement remains that the total assets should not be less than 100 million USD or that the total managed assets should not be less than 500 million USD. (Source: Jin Shi Data)