Green norms for overseas investment soon

BEIJING – The government will soon come out with environmental protection guidelines for domestic companies planning overseas investments, ministry officials said on Thursday. According to experts, the guidelines will enhance the nation’s “soft power” in the global arena and foster more investment deals. Domestic companies that have overseas operations will have to take adequate steps to protect the environment and shoulder more corporate social responsibility (CSR), they said. The new rules will help improve the quality of overseas investments and are called Chinese Overseas Direct Investment Environment Protection Guidelines.

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