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Mar 4, 2024 · In July 2023, the State Council issued the “Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Intensifying Efforts to Attract Foreign Investment”, also referred to as the “24 measures”, to boost foreign direct investments in China.
Aug 29, 2023 · The goal is to leverage China’s vast market and attract foreign investment more effectively, contributing to high-level opening-up and modernizing the country.
Mar 21, 2024 · An action plan comprising 24 specific pro-foreign investment measures was unveiled Tuesday by the State Council, China's cabinet, with targeted measures to expand market access, enhance appeal to foreign investment, foster a level playing field, facilitate the flow of innovation factors, as well as better align domestic rules with high-standard ...
Aug 18, 2023 · China’s securities regulator has announced a package of market-friendly reforms to try to boost investment and trading after months of underwhelming economic growth that has hit stocks and...
- Addressing Laws and Regulations Incompatible with The New Fil
- Clarifying Key Issues of Foreign Investment and IP Penalties
- Issuing Further Guidance on National Security Review and Countermeasures
- Shortening The Negative List and Further Opening Up
- Enhancing Regulatory Transparency
As mentioned above, China previously maintained an ad hoc approach to regulating foreign investment, resulting in a complex network of laws, regulations and policies.Footnote 83By referring to the principle of ‘high-level law overriding lower-level law and new law overriding old law’, the Implementing Regulation makes it clear that the FIL and the ...
The FIL does not provide a clear definition of ‘indirect investment’ in Article 2, thereby introducing doubts as to whether the nationality of an investor is determined by the investor’s ultimate controller or the investor itself. Although Article 47 of the Implementing Regulation confirms that the FIL and the Implementing Regulation apply to reinv...
With the adoption of a more liberal approach towards foreign investment, a national security review is becoming an increasingly significant measure for the government to review foreign investment transactions. China established the national security review regime in 2011, when the Circular of the General Office of the State Council Concerning Secur...
As regulated in Article 4 of the Implementing Regulation, the negative list should be proposed jointly by the investment authority and the competent commerce department of the State Council as well as by other relevant departments. It is to be promulgated or approved by the State Council. The State Council is to adjust the negative list in a timely...
Since its accession to the WTO, China has committed itself to enhancing the transparency of its regulatory system. This goal is clearly referenced in China’s Legislation Law, which requires that legislation persists with transparency and ensures that people can participate in legislative activities through various channels. In July 2011, the State ...
Jul 22, 2024 · China's continuous reform measures and high-level opening-up will inject fresh momentum into its economic growth, creating more opportunities for multinational corporations to invest and thrive in the country, said market observers and business executives on Sunday.
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May 11, 2022 · In the wake of US-China tensions and global economic recession, China redesigned wide array of policies and laws to attract and maintain foreign direct investment in China. The most significant reform is the adoption of negative list approach plus pre-establishment...