Bo Hu, Partner
On March 15, 2019, China’s national legislature, the National People’s Congress passed the Foreign Investment Law (the “Law”), a landmark legislation that will provide stronger protection and a better business environment for foreign investors. The Law will take effective on January 1,2020.
Upon its effectiveness, the Law will replace China’s current foreign investment regimes, i.e, the existing three laws on Chinese-foreign equity joint venture, the Chinese-foreign contractual joint venture and wholly foreign-owned enterprises, which were promulgated in the early years after the country started to implement the reform and opening policy.
Authored by Hu Bo <hubo@anjielaw.com>