The Ministry of Commerce is seeking public opinion on a recently released notice about cross-border yuan foreign direct investment (FDI), Shanghai Securities Journal reported Wednesday. The ministry is asking for feedback to be submitted before Aug 31.

The notice allows foreign investors to invest in China in yuan that has been legitimately acquired abroad, including but not limited to yuan attained in cross-border trade yuan settlements; issuing RMB bonds or stocks abroad; yuan-based profits received from investment through domestic investment institutions; and yuan from share transfers, capital reduction, liquidation and advance recovery of investment income.

Cross-border yuan FDI and re-investment of investment institutions should abide by relevant laws and regulations of foreign investment, the notice said.

The notice also requires investors to submit plans to the ministry for review in the following four situations: investment of 300 million yuan ($46.38 million) or higher; investment in the industries including financing guarantee, financial leasing, small credit and auction; foreign investment corporations, foreign investment in venture capital or equity investment; and investment in national macro-control industries like cement, iron and steel, electrolytic aluminum and shipbuilding, the report said.