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In the New Situation the Integration and Improvement of the Law from Chinese Foreign Investment Law

  • Journal of International Business Transactions Law
  • Abbr : IBT
  • 2020, (31), pp.75-100
  • DOI : 10.31839/ibt.2020.10.31.75
  • Publisher : The Institute for Legal Studies Dong-A University
  • Research Area : Social Science > Law > Private Law > International Commercial Transactions Law
  • Received : September 27, 2020
  • Accepted : October 19, 2020
  • Published : October 31, 2020

YU YONGLONG 1 CHO DONG JE 2

1
2동아대학교

Accredited

ABSTRACT

There is a close relationship between party policy and law, The promulgation of “Chinese Foreign Investment Law” is the result of the integration of the previous legislative achievements, and successful policies for attracting foreign investment to meet the needs of further opening up ,and attracting foreign investment under the guidance of the Communist Party of China policy. Chinese Foreign Investment Law introduced China’s foreign-funded basic laws and complied with China’s foreign investment legal system to keep pace with the times and improvement and objective requirements for development.The implementation of pre-entry national treatment plus negative list management system for foreign investment means a fundamental change in China’s foreign investment management system; using legal means to ensure the stability, transparency and predictability of foreign investment policies will further boost foreign investment in China. The confidence of the market will provide a more powerful rule of law guarantee for further opening up to the outside world and actively and effectively utilize foreign capital under the new situation. It will also promote a higher level of openness and regulation on the legal level, and have laws to follow, and promote the institutional development of open mode.

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