Ministry of Commerce: 99.1% of Foreign-funded Enterprises Said They Will Continue to Invest and Operate in China

Aug 04, 2020

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On July 30, Ministry of Commerce spokesman Gao Feng said at a press conference of the Ministry of Commerce that the Foreign Investment Law and its implementing regulations have been in force since this year, and according to a recent survey conducted by the Ministry of Commerce, 99.1% of foreign-invested enterprises said they would continue to invest and operate in China. Peak specific introduction, since this year, the Ministry of Commerce has completely eliminated the establishment and change of foreign-funded enterprises in the commercial field of approval and filing, the implementation of information reporting system, significantly reduce negative lists, further improve the business environment, investment freedom to further improve the degree of convenience, foreign-funded enterprises to further enhance the sense of access. After the outbreak of Xinguan pneumonia, the production and business activities of foreign-funded enterprises were as seriously affected as domestic enterprises.

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