China's newly passed foreign investment law will help level the playing field and be gladly welcomed by foreign investors, said a senior U.S. expert.
China has stepped up its protection of intellectual property (IP) rights over the past years, and the newly passed foreign investment law indicates that it is willing to keep up with the efforts, said a renowned economist.
The law will help create much better conditions for foreign investors and help them plan long-term returns on investments in China, Ohoven told Xinhua.China is making changes to strengthen foreign investment regulations, said Hans Hendrischke, a professor of Chinese business and management at the University of Sydney Business School.
It aims to improve the transparency of foreign investment policies and ensure that foreign-invested enterprises participate in market competition on an equal basis.
It aims to improve the transparency of foreign investment policies and ensure that foreign-invested enterprises participate in market competition on an equal basis.
Thornton China Center at the Brookings Institution, told Xinhua in an interview on Monday that he believes the draft law will attract more foreign investment.
China's draft foreign investment law is well received among foreign investors, who believe it will further improve the country's business environment.
"The law is a full testament to China's determination and confidence in opening wider to the outside world and promoting foreign investment in the new era," Wang said.