Off the wire
Xinhua China news advisory -- June 3  • Garden festival kicks off in Ireland, attracts residents, visitors  • Venezuela sends aid to Cuba after tropical storm Alberto  • Venezuela prepares list of political opponents to be freed from jail  • JSE edges weaker as firmer South African rand pulls down mines  • JSE closes lower as U.S. dollar continues to gain  • JSE closes higher buoyed by banks and general retailers  • Microsoft eyes establishing software start-up in Turkey  • Chinese mainland claims 6 of world's top 100 universities in latest THE rankings  • U.S.-EU trade war could "devastate" Irish whiskey industry: IWA  
You are here:   News/

China consults public opinion on draft foreign investment law

Xinhua,December 27, 2018 Adjust font size:

China's top legislature on Wednesday published the full text of a draft foreign investment law to consult public opinion.

The draft law was submitted to the ongoing session of the National People's Congress (NPC) Standing Committee, which opened on Sunday.

Once adopted, the unified foreign investment law will replace three existing laws, namely the laws on Chinese-foreign equity joint ventures, non-equity joint ventures (or contractual joint ventures) and wholly foreign-owned enterprises.

Necessary mechanisms on the facilitation, protection and management of foreign investment are written into the draft law, such as the pre-establishment national treatment and negative list management, equal supportive policies and equal participation in government procurement.

The public can give their opinions through the NPC website or send their opinions by mail. The deadline for submitting opinions is Feb. 24, 2019.