China News Service, Beijing, June 11 (Reporter Huang Yuqin) Regarding whether the anti-foreign sanctions law has a negative impact on foreign investment, Chinese Foreign Ministry spokesperson Wang Wenbin responded at a regular press conference on the 11th that the anti-foreign sanctions law was enacted It provides a foreseeable legal environment and a stable and predictable business environment for companies from all over the world to develop in China.
Foreign Ministry Spokesperson Wang Wenbin. Photo: Xue Wei.
Wang Wenbin pointed out that the Legal Affairs Committee of the Standing Committee of the National People's Congress of China has already introduced the relevant situation.
Before and after the two sessions this year, some representatives of the National People’s Congress, members of the National Committee of the Chinese People’s Political Consultative Conference and people from all walks of life put forward opinions and suggestions, believing that it is necessary for the country to formulate a special anti-foreign sanctions law to provide strong legal support and guarantee for China to counter foreign discriminatory measures in accordance with the law. .
According to relevant work arrangements, the Legislative Work Committee of the Standing Committee of the National People’s Congress carefully studied the legislative proposals put forward by various parties, summarized China’s countermeasures and related work practices, sorted out relevant domestic and foreign situations, solicited the opinions of relevant central and state departments and experts, drafted and formed Draft anti-foreign sanctions law.
According to Wang Wenbin, according to the legislative procedure, the Standing Committee of the National People's Congress of China reviewed the draft twice in April and June.
The Legal Work Committee solicited opinions from the central and state agencies on the draft.
The Constitution and Law Committee of the National People's Congress revised and improved the draft based on the deliberation and opinions of the Standing Committee.
The anti-foreign sanctions law currently promulgated has fully absorbed the opinions of all parties, reflected the common wishes of the Chinese people, and complied with international law and basic norms of international relations.
"As for the impact of anti-foreign sanctions laws on foreign investment, I don't see an inevitable connection between the two." Wang Wenbin said, "If there is, it is the anti-foreign sanctions laws that provide the development of foreign companies in China. Foreseeable legal environment and stable business environment."
He said that at the 29th meeting of the Standing Committee of the 13th National People’s Congress held this time, the Hainan Free Trade Port Law and the decision to authorize the Shanghai Municipal People’s Congress and its Standing Committee to formulate Pudong New Area regulations were also passed. China's new measures to deepen reform and expand opening up.
Wang Wenbin emphasized that China always welcomes and supports foreign companies to conduct business and cooperation in China, and protect their rights and interests in accordance with the law.
China will only open its door to the outside world. We will continue to work to create a better business environment for foreign companies and share China's development opportunities with the world.
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