Investment Working Group Position Paper 2016/2017 - 投资工作组建议书2016/2017
by:Investment Working Group / Forum
The Investment Working Group was born out of the European Chamber’s Private Equity and Strategic Mergers and Acquisitions (M&A) Working Group in March, 2016, in order to provide a lobbying platform for all European investors in China. Its prime objective is to affect beneficial change in China’s investment environment for European investors in terms of both regulation and market access, encompassing all kinds of foreign direct and portfolio investment. While previously, the focus of the Investment Working Group has been on investment via M&A, and subsequent divestment, it has now broadened this scope to encompass all kinds of foreign direct and portfolio investment.
With this broadened scope, the Investment Working Group speaks directly to the concerns of European investors in China, a task that is particularly relevant in light of the ongoing negotiations for the EU-China CAI, the plans for a new Foreign Investment Law and the range of issues that China faces in reforming its capital markets. The working group seeks first to achieve a level playing field for foreign investors and second to provide a credible platform for exchange and expertise sharing among active foreign investors in China.
The working group appreciates the open dialogue that it has with the various Chinese regulatory bodies covering investment in China. Regular communication with the Ministry of Commerce (MOFCOM), the State Administration of Foreign Exchange (SAFE), the National Development and Reform Commission (NDRC) and the China Securities Regulatory Commission (CSRC), as well as regional authorities in Shanghai and other cities, have proved beneficial for mutual understanding between these bodies and European companies operating in the sectors under the supervision of these agencies. The working group hopes that its contributions through this position paper are received as a positive contribution towards the development of the market for all participants.