The Foreign Investment Law in China came into effect on 1
January 2020 to replace other existing laws and Bill Guo, Managing
Director, China, highlights why this is good news for the
region.
China's new Foreign Investment Law: will your
investment concern in China be minimised?
The Foreign Investment Law (FIL) will replace the PRC Law on
Sino-foreign Equity Joint Ventures, the PRC Law on Wholly
Foreign-owned Enterprise, the PRC Law on Sino-foreign Cooperative
Joint Ventures, and is effective as of 1 January 2020.
WHAT GOOD NEWS DID YOU GET FROM THE FIL?
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National Treatment on the market entrance, except those
in the Negative List
The FIL emphasises that foreign investment in China will get
pre-national treatment, which means national treatment will be
given equally to the foreign investment, unless the investment
would fall into the Negative List issued by the State Council of
China.
