China lays groundwork for more foreign investment

China’s outbound direct investment has gone up rapidly year by year but its foreign direct investment growth dropped sharply from 7.9% (in 2015) to 3.9%. The Chinese government responded by rolling out a series of regulations further relaxing regulatory controls over FIEs (foreign-invested enterprises) and simplifying the administrative procedures around foreign investors starting up a business in China. FIE laws were amended and a simpler filing regime introduced. This year, further actions were taken to boost foreign investment: · The publication of the 2017 FDI Catalogue together with the long-awaited National Negative List (June 2017) · A State Council Executive Meeting hosted by Premier Li Keqiang, urging more efforts to attract foreign investment (July 2017) · Amendments to the MOFCOM Filing Measures (July 2017) Click here for more..
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