A Series on the 2019 Foreign Investment Law:
Introduction
Approved at the Second Session of the 13th National People's
Congress on March 15th, 2019, the high-profiled Foreign Investment
Law of the PRC (hereinafter referred to as "FIL") unfolds
a new chapter of the foreign direct investment in China. This new
law, coming into force on January 1st, 2020, is aimed at promoting
foreign investments in China with its relaxation of investment
criteria in some sectors and standardization of management of
foreign investment to streamline dispute resolution. The goal is
simple: China wants to establish greater investor confidence
and enhance investment stability to attract more foreign
investments. According to figures released by the Ministry of
Commerce last December, foreign direct investment (FDI) in the
month fell 27.6 per cent year on year to US$13.6 billion.
Stabilization of foreign investment is one of the top economic
policy priorities of Beijing as FDA growth
