The rule consists of five chapters and 33 articles, further refining the requirements of the Foreign Investment Law and its implementing regulations and updating and optimizing of its system for handling foreign companies' complaints.
In addition to global companies' right to suggest the government improve relevant policies and measures, foreign chambers of commerce can also report issues concerning China's investment environment to authorities that handle complaints. Global firms also should apply policy measures introduced by the government to support their business growth in accordance with the law, and participate fairly in the setting of industrial standards and government procurement activities, said Li Yong, deputy director-general of the China Investment Promotion Agency.
To protect the legitimate rights of foreign firms and create a stable, fair and transparent business environment, the ministry released a draft for public comment of rules for foreign investment complaints in March. The draft rules updated regulations issued by China in 2006.
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