三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Draft eyes equal treatment for investors from abroad

By CAO YIN, JING SHUIYU,?ZHONG NAN | China Daily | Updated: 2018-12-24 03:16
Share
Share - WeChat
China International Import Expo, a major event that demonstrates China's eagerness to further open up its doors and become a promoter of global free trade. [Photo/IC]

Foreign enterprises will receive pre-established national treatment plus a negative list management system, and will enjoy the same rights as domestic companies to participate in activities including issuing stocks and bidding for government procurement projects in China, according to a draft law made public by the country's top legislature on Sunday.

The draft foreign investment law was submitted to the Standing Committee of the National People's Congress for a first review. It is expected to replace the country's three current statutes concerning wholly foreign-owned entities, with the move seen further promoting the rights of foreign investors.

Capital contribution, profits and capital gains of foreign investors in China can be freely transferred out of the country as either renminbi or in other foreign currency denominations, according to the draft law.

The document stipulates that the State protect the intellectual property rights of foreign investors and encourage technology cooperation based on voluntary principles and commercial rules. The conditions for such cooperation are determined by consultation among involved parties.

Tang Wenhong, director-general of the Department of Foreign Investment Administration in the Ministry of Commerce, said the ministry and other relevant authorities have been facilitating the legislative process of the foreign investment law.

As common international practice, Tang said the essence of pre-established national treatment is to provide national treatment for foreign capital during entry stages.

However, there are some exceptions to such treatment. Many countries adopt a negative list to restrict foreign capital from entering key industries or sensitive areas. All fields not on the negative list are accessible to foreign capital without governmental approval necessary in advance.

The ministry has urged provincial commerce departments to improve working mechanisms to better deal with foreign companies' complaints, and promptly respond to and address problems.

According to the draft, companies will not be regulated based on their ownership but on "who is in control".

Foreign companies in China controlled by overseas investors will be considered foreign, while those controlled by Chinese investors will be regarded as Chinese.

The move will build a predictable and transparent business environment for global investors and safeguard their interests and rights, ensuring that they are given national treatment and fair market conditions, said Ma Yu, a researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing.

"Under such circumstances, multinationals will be keen to strengthen cooperation with their Chinese partners in promoting regional development, technological innovation, outsourcing services and product safety," said Liu Junhai, a professor of commercial law at Renmin University of China.

Despite the downturn in global cross-border direct investment and increasingly intense global competition, foreign direct investment into China has continued a strong run this year, the Ministry of Commerce said.

A total of 54,703 new foreign-funded companies were established in the first 11 months this year in China, up 77.5 percent year-on-year. During the period, FDI flowing into the traditional manufacturing sector increased 19.1 percent from a year earlier.

Contact the writers at jingshuiyu@chinadaily.com.cn

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日本免费新一区二区三区 | 亚洲欧美韩日 | 国产一区亚洲二区 | 嫩草视频在线观看视频播放 | 国产挤奶水在线视频播放 | 久久www免费人成看国产片 | 久久久久国产免费 | 亚洲国产日韩欧美一区二区三区 | a4yy午夜 | 欧美精品黄页免费高清在线 | 国产三级在线 | 请看一下欧美一级毛片 | 久久最新免费视频 | 欧美αv日韩αv另类综合 | 亚洲视频欧美 | 羞羞影院免费观看网址在线 | 91视频 88av| 香蕉免费一区二区三区在线观看 | 青草视频在线观看免费视频 | 久草在线免费福利资源站 | 国产成人久久精品 | 亚洲综合久久久 | 香蕉久久国产精品免 | 欧美a级在线观看 | 在线成人天天鲁夜啪视频 | 一级日韩一级欧美 | 婷婷色激情 | 国产 日韩 在线 亚洲 字幕 中文 | 黄网免费在线观看 | 国产成+人+综合+亚洲欧美丁香花 | 国产一区二区免费视频 | 宅男69免费永久网站 | 日韩欧美在线观看视频一区二区 | 国产精品福利一区 | 国产麻豆精品 | www日韩免费高清视频 | 国产主播第一页 | 尤物tv在线| 国产香蕉视频在线观看 | 国产亚洲欧美在线播放网站 | 国产人在线成免费视频麻豆 |