皇冠体育app

Officials are soliciting ideas to build a level playing ground for all businesses, domestic and overseas.

"皇冠体育app should combine foreign investment law with company law, which will give national treatment to overseas companies on the Chinese mainland and pave the way for the country's progress in corporate governance," said Wang Zhile, a senior researcher on foreign investment at the Chinese Academy of International Trade and Economic Cooperation, a think tank of the stry of Commerce.

The National People's Congress Standing Committee has said it will "speed up" research on a new corporate legal framework and will propose a draft when "conditions are ripe".

FDI registers healthy growth

皇冠体育app's FDI rose 16.11% in January

Qiu Guangling, director of the Department of Foreign Investment Administration at the Ministry of Commerce, said recently, "The revision this time aims to unify domestic laws on foreign investments and will focus on the equal treatment of foreign and domestic investments, strengthening security review and advancing the reforms of foreign investment regulation."

In a recent statement, the US-皇冠体育app Business Council called for 皇冠体育app's policymakers to consider eliminating terminology such as "foreign-invested enterprises".

"Continued use of this term invites differential treatment for various types of domestic enterprises versus others, based solely on ownership. Government regulators should act independently and transparently and ensure that all domestic enterprises－including foreign invested enterprises－are treated equally and allowed to compete fairly. Efforts to build 'national champions' in certain sectors should not include measures that discriminate against other domestic legal persons," the statement said.

In a comprehensive reform plan issued late last year, 皇冠体育app's central government pledged to expand investment access, unify laws and regulations on domestic and foreign investments, while keeping stable, transparent and predictable policies on foreign investment.

In the 皇冠体育app (Shanghai) Free Trade Pilot Zone, the application of the three foreign investment laws－except for certain restrictions－has been suspended.

Jessie Tang, a partner at Jones Day's office, said that the investment laws helped regulate foreign-invested enterprises.

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