"Three, the implementation of foreign investment projects classified management system. According to the Catalogue for the Guidance of Foreign Investment Industries, the national development and reform commission will approve the project application reports for encouraged projects, permitted projects and restricted projects with a total investment of 654.38 billion US dollars (including capital increase, the same below) and a total investment of more than 50 million US dollars (inclusive); Encouraged projects, permitted projects with a total investment of less than $654.38 billion and restricted projects with a total investment of less than $50 million are approved by local development and reform departments, among which restricted projects are approved by provincial development and reform departments, and the approval authority of such projects shall not be delegated for any reason or in any way. "
2. 20 10 the State Council's opinions on further improving the utilization of foreign capital-Guo Fa [2010] No.9;
(16) The encouraged and permitted projects with a total investment (including capital increase) of less than US$ 300 million in the Catalogue of Industries with Foreign Investment shall be approved by the relevant departments of the local government, except that the catalogue of investment projects approved by the government requires the approval of the relevant departments of the State Council. Except that laws and regulations clearly stipulate that the examination and approval shall be carried out by the relevant departments in the State Council, under the premise of strengthening supervision, the relevant departments in the State Council may delegate the examination and approval items they are responsible for to the local government for examination and approval, and the establishment of foreign-invested enterprises in the service sector (except financial and telecommunications services) shall be examined and approved by the local government in accordance with relevant regulations.