Senior Chinese leaders have repeatedly insisted China is improving market access and the investment environment, improving the protection of intellectual property, and ensuring equal treatment of foreign and domestic companies in China.
China Market Intelligence
Despite recent announcements that intended to reduce uncertainty surrounding foreign investment restrictions, doubts remain about China’s commitment to and timeline for meaningful changes to its investment regulatory regime.
During President Xi Jinping’s recent Washington visit, China missed its self-imposed deadline to provide a revised offer for the US-China bilateral investment treaty (BIT) negotiations and has not set a new target date to do so.
China is determined to arrive at a high-standard Bilateral Investment Treaty (BIT) that will benefit US industry as soon as possible, said Li Chenggang, director-general of China’s Ministry of Commerce’s (MOFCOM) Treaty and Law Department and China’s lead BIT negotiator, at a USCBC luncheon program February 25 in Washi
China has announced further details about plans to gradually decrease government control over investment decisions.
Companies can expect some openings in China’s newly issued list of industries off-limits to foreign investment in the recently unified free trade zones (FTZs), though many investment restrictions important to industry groups remain unchanged.