Investment scrutiny to widen

'All-around' supervision of outbound capital to include comprehensive law

China plans to adopt an "all-around" supervision program covering all phases of outbound investment, with more steps to fill a policy void and further facilitate legislation in the pipeline, according to the nation's top economic regulator.

With a slew of guidelines on outbound investment having effectively curbed irrational buying sprees, the government decided to improve the regulatory framework and turn separate documents into a comprehensive law.