China Signals Improvements for Foreign Investors
作者/编者: | Mark Schaub, Atticus Zhao, Dai Xueyun and Zheng Wei | 作者单位: | 金杜律师事务所 |
学科分类: | 国际经济法学 | 类型分类: | 综合 |
创作年代: | 2019 | 所属机构: | |
出处/来源: | 金杜律师事务所 | 文献语种: | 英文 |
发布时间: | 2020-11-02 01:12:44 | ||
外部链接: | https://www.chinalawinsight.com/2019/11/articles/foreign-investment/china-signals-improvements-for-foreign-investors/ |
摘要/简介Abstract
On 1 November 2019, the Ministry of Justice released the Implementing Regulations for the Foreign Investment Law of the People’s Republic of China (Draft for Comment) (“Draft Regulations”) which were jointly drafted by the Ministry of Commerce (MOFCOM) and the National Development and Reform Commission. The Draft Regulations clarify the PRC Foreign Investment Law which will come into force on 1 January 2020. The Draft Regulations coupled with a slew of regulations in respect of foreign exchange are largely positive for foreign investors looking at or already in China. Indeed, in theory, the relaxation in respect of foreign exchange remittance may be helpful for foreign investors looking to leave China. The relative slowdown in China coupled with over ambitious expansion plans in the early 2000s means that many foreign investors have excess capacity which they need to reduce. The provisions should ease the transfer of funds overseas. There is a lot positives in the Draft Regulations, for example more level playing field, better IP protection, great ease in transmitting funds overseas and tacit acknowledgement of the VIE structure etc. However, the main issue is whether the actual implementation on the ground will match the ambition of the regulations. Most decisions are made locally, so it is unclear whether the local authorities will support the greater flexibility afforded under the Draft Regulations or will they continue in their old ways. Time will tell.
备注
本文献PDF共计7页,免费分享。
文献纠错
文章标题 | China Signals Improvements for Foreign Investors |
错误内容 | |
正确说法 | |
提交 |
-
5分
共有0人评价过此文献,平均分为0分
最相关
- ·China Signals Improvements for Foreign Investors
- ·China Signals Improvements for Foreign Investors
- ·China Signals Improvements for Foreign Investors
- ·China Signals Improvements for Foreign Investors
- ·Farewell to the Era of Case-by-Case Foreign Investment Approvals
- ·The New “Negative List”for Foreign Investment
- ·What Will Become of Foreign Investment in China under the new Record-filing System?
- ·Significant Changes in Overseas Investment Administration
- ·China’s New Era: How directors should be responding