Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)

Current Situation and Improvement of China’s Negative List System for Foreign Investment

From the Perspective of Comparative Law

Authors
Rui Chen1, , Jianning Kang2, , Yuxi Xie3, *, , Yutong Zhou4,
1Law School, East China University of Political Science and Law, Shanghai, China
2School of public policy and administration, Northwestern Polytechnical University, Xi’an, Shaanxi Province, China
3International School of Law and Finance, East China University of Political Science and Law, Shanghai, China
4Law School, Yunnan University, Kunming, Yunnan Province, China

These authors contributed equally.

*Corresponding author. Email: 16120113078@ecupl.edu.cn
Corresponding Author
Yuxi Xie
Available Online 24 December 2021.
DOI
10.2991/assehr.k.211220.081How to use a DOI?
Keywords
Negative List System; Foreign Investment Access; scientific nature of Negative List System; development; status; regulatory strategies
Abstract

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.

Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
24 December 2021
ISBN
10.2991/assehr.k.211220.081
ISSN
2352-5398
DOI
10.2991/assehr.k.211220.081How to use a DOI?
Copyright
© 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  -