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Tiang & Partners: China welcomes investors with new Foreign Investment Law
The commencement of China’s new Foreign Investment Law (‘FIL’) on 1 January 2020, presents significant opportunities for foreign investors, including more flexibility on joint venture terms and streamlined entity establishment procedures.
Following this, Tiang & Partners has prepared an overview of the key provisions of the FIL and the long-awaited implementation regulation published on 26 December 2019, as well as the matters foreign investors should consider under the new regime. Those changes, including a new information collection regime, continue the recent trend of affording foreign investors better access to the China market while subjecting them to continued regulatory scrutiny.
