Executives laud draft investment law

The draft foreign investment law will create a more transparent, stable and predictable business environment for global companies in China, which will in turn be a strong magnet for investment, creativity and productivity, senior business executives with foreign-based companies said in recent interviews.

They spoke as the National People's Congress prepares to vote on March 15 on the draft foreign investment law.

"As the bill has entered the review and decision-making stage, we certainly are paying close attention to how it evolves and how it may impact us," said Ian Chung, China CEO of AECOM, a US-based urban and infrastructure planning company.