General

To provide a strong legal guarantee for comprehensively deepening reform and opening up in the new era, accelerating the formation of a new pattern of opening to the outside world, and creating a market environment for fair competition between domestic and foreign investment, the Standing Committee of the National People's Congress recently launched an inspection of foreign investment law enforcement.

In March 2019, the Second Session of the Thirteenth National People's Congress reviewed and approved the Foreign Investment Law of the People's Republic of China, which will take effect on January 1, 2020. This law enforcement inspection is the first law enforcement inspection carried out after the implementation of the law.

According to the first plenary meeting of the Foreign Investment Law Enforcement Inspection Team of the Standing Committee of the National People's Congress held in Beijing on the 30th, the inspection team will go to 8 provinces (autonomous regions and municipalities) to conduct on-site inspections from July to mid-August this year; At the same time, the standing committees of the people's congresses of 8 provinces (autonomous regions and municipalities) were entrusted to inspect the implementation of the domestic and foreign investment laws in their respective administrative regions.

It is reported that on the basis of a comprehensive understanding of the implementation of the Foreign Investment Law, the inspection team will focus on the following seven aspects: the implementation of the pre-entry national treatment plus negative list for foreign investment; the establishment and improvement of the foreign investment promotion mechanism to create a stable and transparent The market environment with predictable and fair competition; the implementation of the protection of the legitimate rights and interests of foreign-invested enterprises; the implementation of the foreign investment management system; the connection and coordination with relevant laws and regulations; Opinions and suggestions on strengthening the legal system in the field of foreign investment; other problems existing in the implementation of laws, opinions and suggestions on promoting the implementation of laws, etc.

In mid-September, the law enforcement inspection team will hold the second plenary meeting to study and discuss the draft law enforcement inspection report. In mid-to-late October, the Standing Committee of the National People's Congress will hear and review the report on the inspection of the implementation of the Foreign Investment Law.