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Sunday, March 4, 2018

China will create a new law to "promote and protect foreign investment"

China will work on a new law to "promote and protect foreign investment in the country," with the aim of promoting the opening of its economy, announced today Zhang Yesui, spokesman of the National People's Assembly (ANP), China's highest legislative body , which will start its annual plenary tomorrow.

Zhang explained that the three existing laws will be reunified to regulate foreign investment in China and a new regulation will be created that will pursue four objectives.

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