The State Council issued the Regulation on Implementing the Foreign Investment Law of the People’s Republic of China on Dec 31, in an effort to further improve business environment and promote higher level opening-up.
Premier Li Keqiang signed a State Council decree to release the regulation. As a matching regulation, it will be implemented along with the Foreign Investment Law starting Jan 1, 2020. It specifies measures to promote foreign investment, protect the legitimate rights of foreign investors and regulate foreign investment management.
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