Foreign diplomats in Beijing are paying a great deal of attention to China’s further steps to reform and open up during t
he upcoming sessions of the country’s top legislature and political advisory body.
Ettore Sequi, the Italian ambassador to China, said he will devote attention to laws to be approved by the National Peo
ple’s Congress, including the new Foreign Investment Law and amendment of the Patent Law.
”We are confident that all these new laws, once passed, will contain concrete provis
ions in line with the Chinese government’s claims to further open its markets to foreign business,” he said.
The draft investment law, to be submitted to the upcoming pl
enary session of the NPC, aims to create a transparent, stable and predictable bu
siness environment for foreign investors and protect their rights and interests.