An Analysis of the Positive Impact of the Implementation of Foreign Investment Law on the Business Environment
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DOI: 10.23977/EDMS2020.007
Author(s)
Xiaomin Liu, Yiwei Duan
Corresponding Author
Xiaomin Liu
ABSTRACT
In the business decision of an enterprise’s foreign investment, the quality of the business environment has an important impact on it. With the in-depth development of the “Belt and Road”, China has continuously boosted its opening to the outside world, enhanced its business environment, vigorously introduced foreign investment, and officially implemented the Foreign Investment Law of the People’s Republic of China in 2020. In recent years, there have been relatively many studies on the evaluation of the business environment by scholars. At the same time, a small number of them have been involved in the study of the impact of the foreign investment laws on China’s business environment. However, after the implementation of the foreign investment law, the special research on environmental impact is not involved. Therefore, this article analyzes the impact of the implementation of foreign investment laws on the Chinese business environment from four dimensions of the business environment. The study found that the implementation of the Foreign Investment Law has promoted the development of the business environment in the direction of liberalization, convenience, rule of law and internationalization, attracting more enterprises to invest in China, and China will continue to be the most attractive hot spot for foreign investment.
KEYWORDS
Foreign Investment Law of the People’s Republic of China, Business Environment, Impact