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Nine Principles on Encouraging and Standardizing Outward Investment

Scope of Application

Guiding principles for developers and contractors operating overseas.

Purpose

Offers overarching principles to encourage overseas investment and cooperation, including measures to guide the management of social and environmental impacts.

General Key Points

Developers and Contractors should:

  • Comply with local laws and regulations.
Key Points on Stakeholder Engagement

Developers and Contractors should:

  • Adhere to fair, transparent contracts for projects. 
  • Protect the rights and interests of local workers. Improve safety training.
  • Care for and support local communities and local people’s livelihoods
  • Create a friendly environment that welcomes public opinion.
Key Points on Environmental and Social Impact Assessment

Developers and Contractors should:

  • Pay attention to the protection of environmental resources.
Applies to
Global
Date
October 2006
Issuer(s)
State Council
Link to Full Version(s)