A team led by Wan Exiang, vice-chairman of the Standing Committee of the National People's Congress (NPC), inspected the enforcement of the Foreign Investment Law in Beijing on July 20 and 21.

Wan said that China has managed to see increases in the amount, growth rate, and global share of foreign investment despite the impact of the COVID-19 pandemic as well as rising protectionism and unilateralism in the past two years.

He stressed the importance of the enforcement of the law in promoting stable foreign trade growth, establishing a new development pattern and driving high-level opening-up.

The inspection team heard the capital city's reports on the law enforcement and visited foreign-funded enterprises to learn about the implementation of the measures designed to boost foreign investment. They also held a meeting with representatives from foreign-funded firms. 

Noting Beijing’s role as an international exchange center and acknowledging the city's achievements in the enforcement of the law, Wan said the city has piloted many good experiences in enhancing opening-up and the business environment, and has taken effective measures to put the law into practice.