CAI is short for EU-China Comprehensive Agreement on Investment.
December 30, 2020, just two (2) days before the enforcement of the
Civil Code of the People of Republic of China (effective on January
1, 2021), the EU and China concluded the negotiations for a
Comprehensive Agreement on Investment ("CAI").
Even under the impact of COVID-19, this is another great event
in 2020 for China after the passage and adoption of the Civil Code
in May, 2020. To investors from both the EU and China, this is no
doubt a great event for them, because this will open a new era of
improving market access conditions for EU companies in China and
vice versa, and it will help investors make profitable investments
in each other's market.