The Voice of Hainan: China adopts foreign investment law

南海网"This is Hainan" 英文频道英语音频新闻节目《海南之声》(第23期)

This is the Voice of Hainan, from hinews.cn

本期内容提要:

China adopts foreign investment law

《中华人民共和国外商投资法》表决通过

China's national legislature passed the foreign investment law today at the closing meeting of its annual session, and the law will be implemented from January 1st, 2020, according to Xinhua News Agency. 

Deputies attended the closing meeting of the second session of the 13th National People's Congress on Friday morning, and voted through the adoption of the foreign investment law, which aims to improve the transparency of foreign investment policies and ensures that foreign-invested enterprises participate in market competition on an equal basis, according to an explanatory document.

Law for Hainan free trade port officially put on national legislative agenda

海南自由贸易港法正式提上国家立法日程

China's national legislature adopted the motion of Hainan delegation at the closing meeting of the second session of the 13th National People's Congress on Friday, and decided to launch the establishment of the law for Hainan free trade port with Chinese characteristics.

After Chinese President Xi Jinping announced the decision to build the whole island of Hainan into a pilot free trade zone and a free trade port with Chinese characteristics on April 13th, 2018, the Standing Committee of Hainan Provincial People's Congress launched development and research into the legal system of international and domestic free trade zones and free trade ports.

At the second session of the 13th National People's Congress this year, Hainan delegation formed and submitted the motion on establishing the law for Hainan free trade port, which was adopted by the congress.

According to the Standing Committee of Hainan Provincial People's Congress, to set up the law for Hainan free trade port has significant meanings, it will provide basic and fundamental legal safeguards for the construction of the free trade port with Chinese characteristics. 

本期主播:叶海声
策划:陈书焕 叶海声
总策划:陈嘉奋
总监制:韩潮光

Responsible editor: 石一涵
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