LINE

Text:AAAPrint
Economy

Draft foreign investment law set for second review

1
2019-01-16 16:10:38chinadaily.com.cn Editor : Li Yan ECNS App Download

China's draft foreign investment law will undergo a second review during a two-day session of the country's top legislature at the end of this month.

The draft law, which was submitted to the top legislature for a first review last month, is expected to replace the nation's three current statutes on wholly foreign-owned entities, and aims to further promote the rights of foreign investors.

The first version said foreign enterprises would receive pre-established national treatment and be subject to a negative list management system. They could also enjoy the same rights as domestic companies in activities such as stock issuance and bidding for government procurement projects in China.

It also highlighted the protection of foreign investors' intellectual property rights and encouraged technological cooperation based on voluntary principles and commercial rules.

The first version has been published on the top legislature's website to encourage public feedback.

The Standing Committee of the National People's Congress will meet in Beijing from Jan. 29 to 30.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2019 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.