CHIŃSKIE PRAWO DOTYCZĄCE INWESTYCJI ZAGRANICZNYCH: W KIERUNKU POPRAWY OTOCZENIA PRAWNO-INSTYTUCJONALNEGO DLA INWESTORÓW ZAGRANICZNYCH
CHINA’S FOREIGN INVESTMENT LAW: TOWARDS IMPROVING THE LEGAL AND INSTITUTIONAL ENVIRONMENT FOR FOREIGN INVESTORS

Summary/Abstract: The article aims to present the main changes of China’s foreign investment law with a focus on the Foreign Investment Law and its implementing, effective from January 1, 2020. They are overarching and concerning investors present on the Chinese market and those planning to expand into the market through foreign direct investments. The following research hypothesis was verified: The Chinese Foreign Investment Law and its implementing entail many beneficial changes from the foreign investors’ perspective. An in-depth analysis of legal texts is the main research method employed to verify the research hypothesis. Key findings: The FIL, its implementation and the further shortening of the prohibitions and restrictions on foreign investors included in the negative lists are important steps towards liberalisation in foreign investors’ access to the Chinese market, offering them opportunities to invest capital. They create a conducive institutional and legal environment for foreign investors compared to the previous legislation. However, further action is needed to address regulatory flaws, increase regulatory transparency, and accelerate the pace of change.

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