What Will Become of Foreign Investment in China under the new Record-filing System?

作者/编者:Wu Ye and Luo Yi
作者单位:金杜律师事务所
创作年代:2017
出处/来源:金杜律师事务所
学科分类:经济法学
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摘要

On 30 July 2017, a beautiful sunny Sunday in midsummer, without expectation the Ministry of Commerce (“MOFCOM”) issued two documents relating to foreign investment in China. This was only two months after MOFCOM released draft measures. The inclusion in the record-filing system of foreign mergers and acquisitions not involving special access administrative measures (negative list) and related-party M&A signals that foreign investment in China has entered an era known as the “Pre-establishment National Treatment (PENT) and negative list”. Since China is taking a more open, transparent and market-oriented attitude to foreign capital, market players and participants should embrace changes and respond to challenges with an open mind. Foreign investors are encouraged to continue to increase their investment by introducing more high-end, intelligent and greener projects in China.

关键词: Foreign Investment; Pre-establishment National Treatment; Negative List

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