February 4 2020

China Publishes Implementation Regulation on Foreign Investment Law

Source: www.gov.cn

The Implementation Regulation on the Foreign Investment Law of the People's Republic of China was published on December 31, 2019, to be effective from January 1, 2020.

The regulation has stressed the principles of promoting and protecting foreign investment in China, and set articles in four perspectives. The first is to encourage and promote foreign investment; the second is to specify detailed policy measures to encourage foreign investment; the third is to strengthen protection of foreign investment; the fourth is to regulate and manage foreign investment. According to the regulation, government departments must not use administrative means to force foreign investors and foreign-funded companies to transfer technologies and trade secrets.