Regulators and investors face new challenges

With a new Foreign Investment Law in the pipeline, Beijing continues its mission to build a more transparent and predictable legal framework for conducting business in China. But with regulatory agencies facing the tough task of enforcement, foreign companies are concerned of being caught up in the learning curve.

The decision to streamline three current laws that govern foreign investments into one unified law has been welcomed by the foreign business community.

Solicitation of public comments during the drafting process also had higher-than - expected participation from foreign companies and associations, according to Commerce Minister Gao Hucheng.