Meeting with Department of Foreign Capital and Overseas Investment, NDRC

2016-01-19 | Beijing

DDG Liu welcomed the delegation led by the Mr. Mats Harborn, Vice President of the Chamber, and started the meeting by recalling his past working experience in the overseas investment. He then shared with the participants the latest development of pilot implementation of the negative list in FTZs, China’s ambition in doubling its GDP of 2010 in 2020 and his observations on the foreign investment in China. Vice President Harborn said that the Chamber appreciates a close, open and constructive relation with the NDRC. Mr. Harborn shared with DDG Liu some latest statistics about two-way investment between the EU and China. The Chamber has discussed about and analyzed the downward investment from the EU to China internally and found two main reasons. The first one is the economic downturn in China and around the world. The second reason is the prevalent uncertainties among foreign businesses. National Security Law and Anti-Terrorism Law and other security related laws and regulations have left foreign companies concerned their business operation in China. The IPR protection, the negative list to be rolled out nationally and SOE reform all have made foreign businesses worried in one way or another.  

Working Group representatives and some AC members voiced their concerns and recommendations and called for establishing communication mechanisms with government authorities. The meeting was concluded with an agreement of more communications and dialogues between the Chamber and the NDRC.