10 May 2019

Talk on Foreign Investment Law of the People’s Republic of China

Department of Justice of the Hong Kong SAR
Asian Academy of International Law

The Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) aims to promote foreign investments, protect the legitimate rights and interests of foreign investors, and standardise the management of foreign investments. The Foreign Investment Law expressly stipulates that foreign investors may participate in government procurement activities by means of fair competition. Except for special circumstances, the State shall not expropriate any foreign investment. The State shall allow free inbound and outbound transfer of profits by foreign investors, safeguard the intellectual property rights of foreign investors, and ban forced technology transfer by administrative bodies. During the talk, Mr Li Chenggang, Assistant Minister of the Ministry of Commerce of People’s Republic of China, gave a concise introduction to the Foreign Investment Law to more than 140 attendees, deepening their understanding of this newly-adopted law.