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China Daily / 2020-01 / 17 / Page015

Stability, maturity will mark new era in foreign investment supervision

By Han Bing | China Daily | Updated: 2020-01-17 00:00
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China's Foreign Investment Law and its supplementary regulation took effect on Jan 1, marking an official shift in the country's supervision of foreign investment from the old model of case-by-case approval to negative list management.

Foreign investment supervision enters stable and mature period

The introduction and utilization of foreign capital is an important part of China's basic national policy of opening-up and the opening economic system. It is also one of the country's significant achievements in reform and opening-up for more than 40 years. China's success in attracting and utilizing foreign investment is the result of many factors. For instance, the previous management and legal system related to foreign investment played a significant role.

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