Beijing, June 6: The Chinese State Council’s regulations concerning foreign investment will take effect on July 1. During a press conference held on June 4, a spokesperson from the Ministry of Commerce stated that the publication of these regulations marks a significant milestone in the development of foreign investment in China.
Spokesperson He Yongqian explained that the “Regulations on Foreign Investment by the Chinese State Council” aim to enhance the comprehensive foreign service system. This improvement is designed to provide robust legal protection for enterprises operating globally, enabling them to participate in international cooperation and competition. Additionally, the regulations seek to refine institutional measures and enhance the management system for foreign investments, thereby strengthening investors’ primary responsibilities.
According to He Yongqian, China will bolster monitoring, early warning systems, and risk assessments. The government will guide and assist investors in mitigating security risks and will establish an investment barrier inspection system. Furthermore, it will effectively safeguard the security of investors and their foreign investments, along with their legitimate rights and interests.
(Source: China Media Group, Beijing)
Leave a Comment