Home / Knowledge / News / Textiles / Draft PRC foreign investment law to be reviewed in March

Draft PRC foreign investment law to be reviewed in March

31
Jan '19
A view of the closing meeting of the 8th session of the 13th NPC Standing Committee in Beijing. Courtesy: Xinhua/Shen Hong
A view of the closing meeting of the 8th session of the 13th NPC Standing Committee in Beijing. Courtesy: Xinhua/Shen Hong
The standing committee of China’s National People's Congress (NPC) recently decided that a draft of the country’s foreign investment law will be submitted at its plenary session beginning on March 5. The law will replace three existing laws on Chinese foreign equity joint ventures (JVs), non-equity JVs, or contractual JVs, and wholly foreign-owned enterprises.

The decision was made at the committee’s two-day session to discuss the draft for the second time, according to a news agency report.

The law is part of the Communist Party of China Central Committee’s strategy of further opening up the economy.

It will help attract more foreign investment, protect foreign investors' legitimate rights and interests, foster an environment favourable for conducting business, and provide legal guarantee to opening up at a higher level, according to the committee document. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Medio banca

Fashion | On 19th Feb 2019

6.6% average annual sales growth in Italy's fashion sector

The Italian fashion sector accounted for 1.3 per cent of its economy...

China drove Italian footwear exports in 2018: MICAM

Apparel/Garments | On 19th Feb 2019

China drove Italian footwear exports in 2018: MICAM

China has been driving Italy's footwear exports in 2018 with a 20 per ...

Boosting yarn production can revitalise Bangla silk sector

Textiles | On 19th Feb 2019

Boosting yarn production can revitalise Bangla silk sector

Boosting yarn production in Bangladesh could help revitalise the silk ...

Interviews View All

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Rajiv Sirohi, Shara

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Arvind Saraf, Triveni Sarees

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Vikram Saria,

Vikram Saria

Shanghai-based Aura Designs Ltd is a leading manufacturer of textile and...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search