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Research on Defects and Optimization of Legal Mechanism for Foreign Investments

In: Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

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  • MingXin Xu

    (Northwest University of Political Science and Law, Anti-Terrorism Law School)

Abstract

The promulgation of the Foreign Investment Law is a new stage and a new starting point for China's foreign investment system. It shows China's determination to actively respond to the reform to the outside world, attract foreign investment, create a sound business environment, and strengthen the protection and management of foreign investment. Compared with the “three laws” on foreign investment, the main points of the Foreign Investment Law are clearer. It has creatively constructed a unified law of foreign investment behavior, established various systems for managing foreign investment, highlighted the state's management, promotion and protection of foreign investment, and enriched and expanded the connotation and denotation of foreign investment. However, the limitations of the Foreign Investment Law are very obvious. In the subsequent legislation, law enforcement and judicial practice, the state needs to strengthen relevant rules, clarify the legal consequences, and put forward the mandatory measures. On the basis of considering the international and domestic environments, details and policies should be reinforced, and the relationship between the various laws and regulations should be linked up.

Suggested Citation

  • MingXin Xu, 2022. "Research on Defects and Optimization of Legal Mechanism for Foreign Investments," Advances in Economics, Business and Management Research, in: Yushi Jiang & Yuriy Shvets & Hrushikesh Mallick (ed.), Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), pages 216-223, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-036-7_32
    DOI: 10.2991/978-94-6463-036-7_32
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