Regulation for Implementing the Foreign Investment Law of the People's Republic of China.

This Regulation is enacted in accordance with the Foreign Investment Law of the People's Republic of China. The Regulation consists of 6 Chapters: General Provisions; Investment Promotion; Investment Protection; Investment Management; Legal Responsibility; Supplementary Provisions.
The State shall encourage and promote foreign investment, protect the lawful rights and interests of foreign investors, regulate the administration of foreign investment, continuously optimize the foreign investment environment, and advance a higher level of opening up (Art.2). The negative list for the access of foreign investment (hereinafter referred to as the “negative list”) shall be proposed by the investment department of the State Council in conjunction with the commerce and other appropriate departments of the State Council, and be reported to and issued by the State Council or after being reported to and approved by the State Council, be issued by the investment and commerce departments of the State Council (Art.4).
Governments shall equally treat foreign-funded enterprises and wholly Chinese-funded enterprises in such aspects as government funding arrangements, land supply, tax and fee reduction and exemption, qualification licensing, development of standards, project applications, and human resource policies (Art.6). Foreign investors and foreign-funded enterprises may enjoy fiscal, taxation, financial, land use, and other preferences in accordance with laws, administrative regulations, or the provisions issued by the State Council (Art.12).