China adopts foreign investment law

China's national legislature on Friday passed the foreign investment law, a landmark legislation that will provide stronger protection and a better business environment for overseas investors. At around 9 a.m. Friday, an overwhelming majority of the deputies voted in favor of it at the closing meeting of the second session of the 13th National People's Congress (NPC). The law will become effective on Jan. 1, 2020. With unified provisions for the entry, promotion, protection, and management of foreign investment, it is a new and fundamental law for …

Top court judge stresses importance of private enterprise protection

Yan Maokun, president of the Supreme People's Court's (SPC) Trial Supervision Tribunal, elaborated on the work of courts at all levels on protection of property and legitimate rights and interests of entrepreneurs in 2018 at an interview on March 13. According to Yan, disputes easily occur among entrepreneurs and shareholders in enterprises and the interests of all people involved will be damaged without proper treatment. He summarized the SPC's efforts in property and entrepreneurs' interests protection from four aspects -- guiding policies, influential cases, guiding cases and supervis…

Adviser calls for tech to play role in efforts to safeguard IPR

A national political adviser proposed that China should make full use of cutting-edge technologies to further strengthen the protection of intellectual property rights. The country can utilize emerging technologies such as blockchain, cloud computing, big data and artificial intelligence to build a national platform for IPR protection, Cai Jinchai, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, said in his proposal. Cai, also chairman of Fujian Pan-Pan Foods Co Ltd, said the step can help integrate the existing warning and monitoring sy…