BEIJING, March 16 (Xinhua) -- China will continue to optimize the business environment for foreign investors in 2020 by taking multiple measures like deepening reform in streamlining administration and decentralization, encouraging local governments to carry out creative business environment evaluations and advancing the reform of separating business licenses from administrative permits.
China had promulgated multiple laws and regulations in 2019 to optimize its business environment for foreign investment, including the foreign investment law, the regulation on optimizing the business environment and the negative list for market access (2019).
With such efforts, a more stable, transparent, convenient and fairer business environment was achieved, making China an attractive investment destination. In 2019, China's actual use of foreign capital hit 941.52 billion yuan, up 5.8 percent on year, with newly-established foreign-funded firms registering 41,000 in total.
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