The state shall guarantee that foreign-invested enterprises are able to participate in standard-setting work on an equal footing in accordance with law, and mandatory state standards shall apply equally to them, according to the document.
A draft foreign investment law will be submitted to the second session of the 13th National People's Congress (NPC) for deliberation, according to an explanatory document on the draft available to the press Friday afternoon.
"The LG group entered China as early as 1993, and has witnessed the improvement of China's investment environment over the years," said Yu Qinjiang, head of LG Display in China.
A draft of China's foreign investment law will be submitted to the upcoming plenary session of the National People's Congress (NPC), which is scheduled to open on March 5.
The Standing Committee of the National People's Congress (NPC) on Tuesday started reviewing a new draft of the foreign investment law, the latest move to promote the country's opening-up initiative.
The Standing Committee of the National People's Congress on Tuesday started reviewing a new draft of the foreign investment law.
The top legislature on Saturday voted to adopt the revised civil servant law as part of the country's efforts to promote its civil service reform.
The top legislature on Saturday adopted revisions to 17 laws, including the Product Quality Law and the Electric Power Law, to facilitate institutional reform and improve the government's service.