China News Agency, Beijing, July 15 (Reporter Li Xiaoyu) Gao Feng, spokesman for the Ministry of Commerce of China, said on the 15th that China's foreign investment national security review will follow necessary and reasonable principles to avoid generalization of review.
China’s "14th Five-Year Plan for Business Development" recently announced that it is necessary to improve the national security review system for foreign investment and conduct security inspections on foreign investments that affect or may affect national security.
In this regard, Gao Feng said at a press conference held that day that China’s "Measures for the Security Review of Foreign Investment" issued in December last year clearly stipulated the scope and procedures of foreign investment security review.
China will accurately review foreign investment that affects or may affect national security in accordance with the principles of necessity and reasonableness, and at the same time avoid review generalization, and effectively prevent and resolve national security risks while promoting and protecting the legitimate rights and interests of foreign investment.
He said that China's direction of encouraging more foreign-funded enterprises to develop in China will not change.
In the future, the Foreign Investment Law and its implementation regulations will be fully implemented to protect the legitimate rights and interests of foreign investment, and continue to strengthen the service guarantee for foreign-funded enterprises and foreign-funded projects.
At present, the foreign capital flowing into China continues to grow.
According to official data, China's actual use of foreign capital in the first half of this year increased by 28.7% year-on-year and 27.1% year-on-year.
(Finish)