China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery.
China will strengthen services and help solve operational difficulties for global companies in order to stabilize the long-term business confidence of foreign investors amid the economic fallout of the COVID-19 pandemic, government officials said on Aug 13.
China's new Foreign Investment Law comes into force on the first day of 2020.
Foreign-capital enterprises that do not require special management (negative list) for foreign capital access shall be listed for easy management.
Since June 30, 2018, the business recordation and industrial and commercial registration for foreign-capital enterprises have been combined.
Foreign-capital enterprises that do not require special management for foreign capital access shall be recorded for easy management. Those involved shall handle the approval process.