Chinese President Xi Jinping stressed strategic resolve to enhance the building of an ecological civilization and to protect the country’s beautiful scenery in the northern border areas when attending a panel discussion with his fellow deputies from Inner Mongolia Autonomous Region at the second session of the 13th National People’s Congress(NPC) in Beijing, March 5. Growing environmental concerns are a common challenge for all nations in a fast changing world. Although pollution has choked great swathes of the world’s two most-populous countries, China and India, for decades, the Chinese government under the leadership of President Xi Jinping has made considerable progress in environmental protection, improving the quality of air, soil and water, as well as advocacy of ecological improvement since the 18th National Congress of the Communist Party of China (CPC) in 2012. Such efforts have been reflected in China’s national development strategies such as its “War on Pollution” and the “Blue Sky Protection Campaign,” as well as the public statements of Chinese leaders. China’s Road of Fighting Pollution In recent years, China has placed environmental protection and ecological security among the top of its agenda of the annual Two Sessions. On March 5, 2019, Chinese Premier Li Keqiang delivered the government work report during the second annual session of the 13th NPC. While reviewing last year’s achievements in terms […]
China Attaches Great Importance to Foreign Investment Protection – How to View the Foreign Investment Law?
The Foreign Investment Law is in essence a “protection law” for foreign investment with an emphasis on protection. It is very important and necessary to apply foreign investment legislation separately.
“Chinese people are busy. They want to do things better and are willing to grow. Everybody has an idea and wants to achieve something. It seems that despite 30 years of uninterrupted growth, they haven’t fallen into the middle-income trap in which so many developing countries have lost their way.”
China witnesses improving ecological environment.
China has long led the way in raising living standards, faster over the last 40 years than any major economy.
For many, Premier Li Keqiang’s statement on how “There will be more risks and challenges that are either predictable or unpredictable and we must be fully prepared for a tough battle.” could not have captured the mood of the global economy any better.
“Denmark was among the first Western countries to establish diplomatic relations with the People’s Republic of China and was also among the Northern European countries that established a comprehensive strategic partnership with China.”
Detailed regulations regarding the Foreign Investment Law are expected
The Foreign Investment Law is necessary for China’s further reform and opening up.
The new foreign investment law will make China’s legal system fully compliant with the WTO rules system and up to the same level as what is seen in most developed countries.
“The rights and interests of foreign investors will be protected by the law, which shows that China will further its reform and opening-up in a more transparent manner.”
China pushes ahead with sound monetary policies while dissolving financial risks.