Major economic policies to boost recovery in 2020

Updated: Dec 22, 2020 chinadaily.com.cn Print

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I Implementing Foreign Investment Law

Denmark's biopharmaceutical company Novo Nordisk signs a strategic cooperation framework agreement to set up a new entity in the Lingang Area, a section of the China (Shanghai) Pilot Free Trade Zone, at the third China International Import Expo on Nov 8, 2020. [Photo provided to chinadaily.com.cn]

The Foreign Investment Law took effect in China starting Jan 1 to better protect the interests of foreign investors in the country.

China is taking more steps to open up its economy to foreign investors, as it aims to further facilitate investment and spur growth despite disruptions from the COVID-19 pandemic.

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