Beijing Unveils New Regulations on Foreign Investment for Public Comment

On September 20, 2023, the Beijing Municipal Commerce Bureau released the Regulations of Beijing Municipality on Foreign Investment (Exposure Draft). The draft is open for public comment until October 19, 2023.

There are 44 articles in nine chapters, including general provisions, investment access, investment promotion, investment protection, investment management, investment facilitation, investment services, legal responsibilities, and supplementary provisions. The Regulations stress that foreign-funded enterprises are equally eligible for the application of various policies unveiled by the State or Beijing for supporting corporate development according to law, with the areas and types of enterprises encouraged for foreign investment clarified.