Interview: China's foreign investment law to be gladly welcomed: U.S. expert
                 Source: Xinhua | 2019-03-18 21:44:30 | Editor: huaxia

Aerial photo taken on June 21, 2018 shows morning view of the Lujiazui area in Pudong of Shanghai, east China. (Xinhua/Ren Long)

NEW YORK, March 17 (Xinhua) -- China's newly passed foreign investment law will help level the playing field and be gladly welcomed by foreign investors, said a senior U.S. expert.

"The predictability, transparency, and non-discrimination bent of the law will improve the business environment," Sourabh Gupta, a senior fellow at the Washington-based Institute for China-America Studies, told Xinhua in a recent interview.

"In my view, (the law will) draw a deluge of foreign capital into the Chinese investment marketplace over the next decade," Gupta said.

China's national legislature on Friday passed the foreign investment law, a landmark legislation that will provide stronger protection and a better business environment for overseas investors.

It aims to improve the transparency of foreign investment policies and ensure that foreign-invested enterprises participate in market competition on an equal basis.


LEVEL PLAYING FIELD

The law will significantly help address major issues that foreign investors face in China, as it provides them with strong protection to ensure administrative and regulatory impartiality, according to the scholar.

"Foreign investors will now be able to compete on the same terms as China's domestic companies," he said, adding that a number of key sectors have gone through significant liberalization for foreign direct investment, such as automobile, finance and insurance.

In this aspect, the expert pointed out that China's national treatment "will afford foreign investors treatment that is no less favorable than that afforded to Chinese investors during the establishment, acquisition, expansion and other stages of their investment."

He also noticed that the legislation explicitly prohibits forced technology transfer by administrative measures and essentially bars local governments from interfering with national foreign investment policies.

Therefore, the investment protection clauses in the law will be "gladly welcomed by foreign businesses," he noted.

The scholar also pointed out that the law's significance for China's new round of opening-up and reform is "potentially profound," as it embodies its potential to assist in transforming Chinese economy towards "a more sophisticated, advanced economy-type, (and a) productivity-led growth model."


IMPLEMENTATION IS KEY

The law is scheduled to take effect on Jan. 1, 2020, yet it will take some time for the law to reassure foreign businesses that "the playing field is being leveled in China to allow fair competition to take hold, irrespective of national origins," Gupta said.

As always, when a piece of legislation is passed, the key is in the implementation, he noted, adding that how rigorously the implementing regulations are written will be key to the success of the enforcement.

In this regard, the senior fellow expressed optimism, as he has witnessed rapid strides that China has made "in the enforcement-related elements of its patents and intellectual property rights (IPR) regime."

Particularly, he pointed to the newly established IPR court by China's Supreme People's Court (SPC), which has started to hear IPR appeals since Jan. 1.

IPR cases to be handled by the court include a broad range of lawsuits, such as patents, copyright, trademarks, new plant varieties, integrated circuit layout design and monopoly, according to the SPC.

In terms of foreign investment protection, "strong measures to deal with political, regulatory and administrative non-compliance are envisaged. A robust working mechanism to promptly address foreign businesses' complaints is also envisaged," he said.

Since foreign investors will wonder "what really has changed de facto on the ground" in terms of the enforcement of the foreign investment law, "the burden of proof thus resides on China's shoulder to show that a new chapter has been opened in regard to fair, predictable, transparent and non-discrimination enforcement of China's foreign investment regime."

"The implementing regulations that breathe life into the foreign investment law will be crucial in this regard," Gupta stressed.

Back to Top Close
Xinhuanet

Interview: China's foreign investment law to be gladly welcomed: U.S. expert

Source: Xinhua 2019-03-18 21:44:30

Aerial photo taken on June 21, 2018 shows morning view of the Lujiazui area in Pudong of Shanghai, east China. (Xinhua/Ren Long)

NEW YORK, March 17 (Xinhua) -- China's newly passed foreign investment law will help level the playing field and be gladly welcomed by foreign investors, said a senior U.S. expert.

"The predictability, transparency, and non-discrimination bent of the law will improve the business environment," Sourabh Gupta, a senior fellow at the Washington-based Institute for China-America Studies, told Xinhua in a recent interview.

"In my view, (the law will) draw a deluge of foreign capital into the Chinese investment marketplace over the next decade," Gupta said.

China's national legislature on Friday passed the foreign investment law, a landmark legislation that will provide stronger protection and a better business environment for overseas investors.

It aims to improve the transparency of foreign investment policies and ensure that foreign-invested enterprises participate in market competition on an equal basis.


LEVEL PLAYING FIELD

The law will significantly help address major issues that foreign investors face in China, as it provides them with strong protection to ensure administrative and regulatory impartiality, according to the scholar.

"Foreign investors will now be able to compete on the same terms as China's domestic companies," he said, adding that a number of key sectors have gone through significant liberalization for foreign direct investment, such as automobile, finance and insurance.

In this aspect, the expert pointed out that China's national treatment "will afford foreign investors treatment that is no less favorable than that afforded to Chinese investors during the establishment, acquisition, expansion and other stages of their investment."

He also noticed that the legislation explicitly prohibits forced technology transfer by administrative measures and essentially bars local governments from interfering with national foreign investment policies.

Therefore, the investment protection clauses in the law will be "gladly welcomed by foreign businesses," he noted.

The scholar also pointed out that the law's significance for China's new round of opening-up and reform is "potentially profound," as it embodies its potential to assist in transforming Chinese economy towards "a more sophisticated, advanced economy-type, (and a) productivity-led growth model."


IMPLEMENTATION IS KEY

The law is scheduled to take effect on Jan. 1, 2020, yet it will take some time for the law to reassure foreign businesses that "the playing field is being leveled in China to allow fair competition to take hold, irrespective of national origins," Gupta said.

As always, when a piece of legislation is passed, the key is in the implementation, he noted, adding that how rigorously the implementing regulations are written will be key to the success of the enforcement.

In this regard, the senior fellow expressed optimism, as he has witnessed rapid strides that China has made "in the enforcement-related elements of its patents and intellectual property rights (IPR) regime."

Particularly, he pointed to the newly established IPR court by China's Supreme People's Court (SPC), which has started to hear IPR appeals since Jan. 1.

IPR cases to be handled by the court include a broad range of lawsuits, such as patents, copyright, trademarks, new plant varieties, integrated circuit layout design and monopoly, according to the SPC.

In terms of foreign investment protection, "strong measures to deal with political, regulatory and administrative non-compliance are envisaged. A robust working mechanism to promptly address foreign businesses' complaints is also envisaged," he said.

Since foreign investors will wonder "what really has changed de facto on the ground" in terms of the enforcement of the foreign investment law, "the burden of proof thus resides on China's shoulder to show that a new chapter has been opened in regard to fair, predictable, transparent and non-discrimination enforcement of China's foreign investment regime."

"The implementing regulations that breathe life into the foreign investment law will be crucial in this regard," Gupta stressed.

010020070750000000000000011100001379052301
快3app下载 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票