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  • Larry Zhou

Foreign Investment Law of the People's Republic of China

(Adopted at the Second Session of the 13th National People's Congress on March 15, 2019)

Table of Contents

Chapter I General Provisions

Chapter II Investment Promotion

Chapter III Investment Protection

Chapter IV Investment Management

Chapter V Legal Liability

Chapter VI Supplementary Provisions

Chapter I General Provisions

Article 1 The Foreign Investment Law of the People's Republic of China (hereinafter referred to as "the Law") is hereby formulated in accordance with the Constitution of the People's Republic of China in a bid to further expand opening-up, vigorously promote foreign investment, protect the legitimate rights and interests of foreign investors, standardize the management of foreign investment, impel the formation of a new pattern of all-round opening-up and boost the sound development of the socialist market economy.

Article 2 The Law shall be applicable to the foreign investment within the territory of the People's Republic of China ("the territory of China").

For the purpose of the Law, foreign investment refers to the investment activity directly or indirectly conducted by a foreign natural person, enterprise or other organization (the "foreign investors"), including the following circumstances:

1. A foreign investor establishes a foreign-funded enterprise within the territory of China, independently or jointly with any other investor;