China's new Foreign Investment Law comes into force on the first day of 2020.
Foreign-capital enterprises that do not require special management (negative list) for foreign capital access shall be listed for easy management.
Since June 30, 2018, the business recordation and industrial and commercial registration for foreign-capital enterprises have been combined.
Foreign-capital enterprises that do not require special management for foreign capital access shall be recorded for easy management. Those involved shall handle the approval process.