Director of CRCFDI Gave a Second Reception to Economic Officers of Australian Embassy in China
 

      On January 23, 2019, Medina Hajdarevic, Second Secretary of the Australian Embassy Economic Section, and Li Lianqing, Official of Advanced Research and Project, paid a second visit to CRCFDI. Professor Lu Jinyong, Director of CRCFDI, and Dr. Li Xiaoyong, Research Secretary of the Center, received them in the office, and had a discussion with them. In recent years, China's policies and regulations on the utilization of foreign investment have been greatly revised and improved. Especially on December 26, 2018, the Standing Committee of the National People's Congress promulgated the “Foreign Investment Law (Draft)” to solicit social opinions, which has aroused widespread concern at home and abroad. The main purpose of their visit is to consult some issues related to the “Foreign Investment Law (Draft)”. During the discussion, Director Lu Jinyong discussed with them and answered the following questions they came up with: the reason why the Chinese government speeded up the formulation of the “Foreign Investment Law” since last year, the reason why the length of the “Foreign Investment Law” is relatively short, the relationship between the “Foreign Investment Law” and other specific foreign investment policies and regulations, the impact of the Sino-US trade war on the formulation of the “Foreign Investment Law”, the relationship between the “Foreign Investment Law” and the “Negative List of Foreign Investment Access (2018 Edition)” as well as the “Negative List of Market Access (2018 Edition)”, how to understand the provision of Article 22 of the “Foreign Investment Law (Draft)” on "No mandatory technology transfer by administrative means", how to understand the provision of Article 33 on "Establishing foreign investment security censorship", the impact of Australian Foreign Investment Review Board (FIRB) on China's direct investment in Australia.