China revises inbound investment laws

Updated: 2016-09-03 14:28


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BEIJING - China's top legislature on Saturday revised four laws regulating inbound investment, with an easing of rules on foreign and Taiwanese investors starting businesses across China.

The legislators voted for and passed the revisions at the close of the National People's Congress (NPC) Standing Committee's bi-monthly session, which has run from Monday to Saturday.

Provisions are added to four laws: the Law on Foreign-Capital Enterprises, the Law on Chinese-Foreign Equity Joint Ventures, the Law on Chinese-Foreign Contractual Joint Ventures, and the Law on the Protection of Investment of Taiwan Compatriots.

The revisions will take effect on Oct 1, this year.