Roundtable with the Standing Committee of Beijing Municipal People's Congress on Beijing Foreign Investment Regulation

2023-10-20 | Beijing

On 20th October, the European Chamber representative attended a roundtable with the Standing Committee of Beijing Municipal People's Congress on Beijing foreign investment regulation (draft). The Commissioner of the Standing Committee of Beijing Municipal People's Congress first walked the participants through the background of Beijing's regulation on foreign investment. Then representatives from each chamber gave their comments and suggestions for the content of the regulation, topics related to government procurement, cross border data transfer, IPR protection and participation of standardisation work were discussed. 

The Standing Committee of Beijing Municipal People's Congress thanked Chambers' input and will further revise the content. Next, this draft regulation will go through the first censor by the Standing Committee of Beijing Municipal People's Congress by the end of November.