European Chamber Calls for an End to Unequal Treatment of Foreign Investment in China Go back »

2016-09-03 | All chapters

Beijing, 3^rd September, 2016 –The European Chamber of Commerce in China believes that the revisions to four Chinese investment-related laws are not bold enough. It is preferable for foreign and domestic investment to instead be regulated by the same Company Law, regardless of the nationality of the equity. This is particularly important in view of the ease with which Chinese companies continue to acquire assets in Europe in areas where EU companies do not even dare to consider investing in China. While today’s announcement of a transition from a registration system to one based on filing and incorporation of the negative list approach into the legislation is commendable, far more needs to be done to ensure that the current situation—characterised by asymmetrical market access between the EU and China—is resolved. EU business will therefore increasingly call on China to provide reciprocity. Attracting high-quality foreign investment is one of the most effective ways for China to ensure sustainable economic growth, so opening up faster with ambitious legislation on foreign investment is in its own interests.

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