Article 13 The State may, as needed, establish special economic area or carry out pilot polices and measures on foreign investment in specific areas, so as to promote foreign investment and expanding opening-up.
外商投資管理をさらに簡略化。
Foreign investment management will be further simplified.
In particular, the Foreign Investment Law, which was established by the Chinese government under pressure from the United States, will come into force in January of next year, and this law is anticipated to improve China's investment environment significantly.
Article 13 The State may, as needed, establish special economic zones or implement pioneering policy measures on foreign investment in certain areas to promote foreign investment and further market opening-up.
Research institutions of humanities and social sciences Remarks:In the Catalogue of Industries for Guiding Foreign Investment(2017 Revision)," more" and" less" shall not include the limit number;" or more" and"or less" shall include the limit number.
Foreign investment refers to investment activity within the territory of China,directly or indirectly conducted by foreign natural persons, enterprises and other organizations(the“foreign investors”), including the following circumstances:.
To address one of the focal points of trade negotiations with the United States,China has enacted a foreign investment bill that forbids local governments and officials to resort to administrative measures to force technology transfers forced by through.
Foreign investment referred to in this Law refers to the investment activities of foreign natural persons, enterprises or other organizations(hereinafter referred to as foreign investors) directly or indirectly in China, including the following situations:.
The State implements the policy of liberalizing and facilitating investment at a high level,establishes and improves mechanisms for promoting foreign investment, and builds a market environment of stability, transparency, predictability, and fair competition.
The content and coverage of foreign investment information report are determined based on the principle of actual necessity; the investment information available through the departmental information sharing system shall not be required to further report.
(3) Improve the business environment on acontinuous basis mainly by enforcing the new Foreign Investment Law on January 1, 2020, strengthening the system to compensate for violated rights, and raising the level of protection for intellectual property rights.
Article 18 Local people's governments at or above the county level may, according to the provisions of law, administrative regulations, and local legislations and within their legally delegated authorities,take policy measures to promote and facilitate foreign investment.
Where the investment activities of foreign investors violate the provisions of the negative list for foreign investment access, in addition to being handled in accordance with the provisions of the previous two paragraphs, they shall also bear the corresponding legal responsibilities.
Article 7 The competent departments under the State Council in charge of commerce and investment shall, according to division of their responsibilities, promote, protect, and administer foreign investment; the other departments of the State Council shall, within the scope of their respective responsibilities, be responsible for affairs relevant to promotion, protection and administration of foreign investment.
Where the investment activities of foreign investors violate the provisions of the negative list for foreign investment access, in addition to being handled in accordance with the provisions of the previous two paragraphs, they shall also bear the corresponding legal responsibilities.
We are confident that their elevation to partner status will not only consolidate the Firm's expertise in traditional core businesses such as maritime and insurance law, but also enhance our capabilities general corporate law, mergers and acquisitions, banking, finance,intellectual property law and foreign investment in China, with the long-term effect of enhancing our competitiveness in both the domestic and international legal services markets.
Article 11: The State establishes and improves the foreign investment service system and provides counseling and service for foreign investors and foreign-invested enterprises about laws and regulations, policy measures, project information, and such other areas.
For foreign investment with proportion of less than 25% of foreign-investedenterprises, investments in cash and obtain a business enterprise license within three months from the date of full payment of all contributions; investments in kind, industrial property and other capital contribution shall obtain a business enterprise license within six months from the date of full payment.
Foreign investment" as used in this Law refers to the investment activities in mainland China conducted directly or indirectly by natural persons, enterprises, or other organizations of foreign countries(hereinafter referred to as foreign investors), including the following circumstances:.
Where a foreign investor's investment activity is in violation of the rules provided by the negative list of foreign investment entry, the foreign investor shall assume, in addition to the consequences as provided in the preceding two paragraphs, corresponding legal liability in accordance with law.
This Law is formulated on the basis of the Constitution to further expand the scope of opening-up, to actively promote foreign investment, to protect the lawful rights and interests of foreign investment, to standardize the regulation of foreign investment, to make new grounds in opening up on all fronts, and to promote the healthy development of the socialist market economy.
The new foreign investment legal system to be implemented on January 1 next year will introduce a tort punitive damages system, strengthen civil judicial and criminal protection and improve the level of intellectual property protection, which will elevate China's business environment to a higher level.
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