Ministry of Commerce: Will review foreign investment that affects national security in accordance with the necessary and reasonable principles

　　China News Service, July 15th. Gao Feng, a spokesperson for the Ministry of Commerce, said on the 15th that foreign investment that affects or may affect national security will be accurately reviewed in accordance with necessary and reasonable principles, while avoiding generalization of review and promoting and protecting foreign investment. While maintaining various legitimate rights and interests, it effectively prevents and defuses national security risks.

　　The Ministry of Commerce held a regular press conference on the 15th. At the meeting, a reporter asked: “Improving the foreign investment national security review system mentioned in the “14th Five-Year Plan” issued by the Ministry of Commerce will have a negative "Foreign investment in security inspections" has attracted the attention of many foreign companies.

What are the issues that foreign-funded enterprises in China need to pay more attention to during the promotion of product manufacturing or other aspects?

At the same time, what plans does the Ministry of Commerce have to ensure and encourage more foreign-funded enterprises to develop in China?

　　Gao Feng responded that the implementation of foreign investment security review is an internationally accepted practice.

In the "Measures for the Security Review of Foreign Investment" issued in December last year, the scope and procedures for foreign investment security review have been clearly stipulated.

According to the principle of necessity and reasonableness, foreign investment that affects or may affect national security will be accurately reviewed, while generalization of review will be avoided. While promoting and protecting the legitimate rights and interests of foreign investment, it will effectively prevent and resolve national security risks.

　　Gao Feng pointed out that in terms of absorbing foreign capital, the direction of encouraging more foreign-funded enterprises to develop in China will not change.

During the "14th Five-Year Plan" period, the Ministry of Commerce will work with relevant departments to promote wider, broader and deeper opening up, fully implement the Foreign Investment Law and its implementation regulations, maintain fair competition, and protect foreign investment. Legal rights, create a market-oriented, legalized, and international business environment, continue to strengthen the service guarantee for foreign-funded enterprises and foreign-funded projects, so that foreign-funded enterprises can enter, retain, and develop well.