Current Situation and Improvement of China’s Negative List System for Foreign Investment
From the Perspective of Comparative Law
These authors contributed equally.
- 10.2991/assehr.k.211220.081How to use a DOI?
- Negative List System; Foreign Investment Access; scientific nature of Negative List System; development; status; regulatory strategies
Confronted with the current downward trend of transnational capital flows under globalization, the newest revised edition of Special Administrative Measures (Negative List) for Foreign Investment Access (2020 Edition) was proclaimed and further pared down its items, making an indispensable contribution to promoting both the recovery of transnational investment and the pattern of open-up development of China. This paper briefly reviews the history and development of China’s negative list system for foreign investment. Afterward, textual and comprehensive analyses are used to study the drawbacks of the negative list system for foreign investment in China, such as analyzing reports on the automotive industry and medical institutions. Immediately afterward, this article provides a horizontal comparison between China’s legislation, international advanced one, and that of parallel and comparable countries. In summary, this study focuses on the limitations of the negative list itself and the problems in its implementation. It puts forward feasible suggestions from the perspective of legislative construction based on exploring their causes. The latter is launched describing three parts: the comprehensive revision of legal provisions, the clear supplemental instruction in necessary details, and the extensive establishment of a scientific supervision system.
- © 2021 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Rui Chen AU - Jianning Kang AU - Yuxi Xie AU - Yutong Zhou PY - 2021 DA - 2021/12/24 TI - Current Situation and Improvement of China’s Negative List System for Foreign Investment BT - Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021) PB - Atlantis Press SP - 463 EP - 472 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.211220.081 DO - 10.2991/assehr.k.211220.081 ID - Chen2021 ER -