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The economy of Chongqing, China, has developed rapidly since it was separated from the Sichuan and became a centrally-administered municipality in 1997. In 2019, it was the sixth-largest Chinese city economy and ranked as China's third-largest municipal economy. In China's overall layout, Chongqing is also important for connecting China's underdeveloped western region with its more advanced eastern region, as well as promoting the economy of the mid-lower reaches of Yangtze river and the central western region.
The Foreign Investment Law is a law of the People's Republic of China governing foreign direct investment in China. The law was adopted by the National People's Congress on March 15, 2019 and came into effect on January 1, 2020. It replaces the Law of the People's Republic of China on Sino-Foreign Equity Joint Ventures, the Law of the People's Republic of China on Wholly Foreign-owned Enterprises and the Law of the People's Republic of China on Sino-Foreign Cooperative Joint Ventures.
References
- ↑ "Foreign Investment Law of the People's Republic of China". mofcom.gov.cn. Retrieved 2019-11-27.
- ↑ "China Trims 'Negative' Investment List in Show of Opening Up". The New York Times. Retrieved 2019-11-29.
- ↑ "La taille de la zone franche de Shanghai a quadruplé". mofcom.gov.cn. Retrieved 2019-11-29.
- ↑ "China issues nationwide 'negative' investment list". Reuters. 2018-12-25. Retrieved 2019-11-29.
- ↑ "市场准入负面清单（2019年版）". mofcom.gov.cn. Retrieved 2019-11-27.
- ↑ "China passes law in bid to ease overseas investor concerns". FT.com. Retrieved 2019-11-29.