Foreign Direct Investment

While Premier Li pledged to liberalize big data, cloud and e-commerce to draw foreign investors, practitioners flagged regulatory ownership restrictions and security controls as major obstacles. 虽然李克强总理承诺放开大数据、云和电子商务以吸引外国投资者，但从业者仍将监管所有权限制和审查控制视为主要阻碍。

China's new restrictions on online activities draw foreign criticism, while local practitioners say little has changed. 中国对网络活动的新限制引起国外人士批评，但境内执业人士表示变化不大。

Parallel import of automobiles encouraged.

China has compiled its restricted and prohibited industries into a draft negative list for market entry. The new investment roadmap applies to both domestic and foreign businesses and will be tested in four key regions until end-2017

The country's national security, cybersecurity, anti-terrorism and financial IT rules can significantly impact foreign companies' operations, data privacy and cross-border information transfers. MNCs need to work together to prevent these costly and potentially risky changes

A new market access negative list will be tested in selected regions starting in December. It will be applied nationwide in 2018 along with one just for foreign investment as China further opens its gates

China implements a negative list for investment access in trial regions.

China has double tax agreements with more than 100 countries that MNCs can use to reduce – or even eliminate altogether – local withholding and enterprise income taxes. Here is how MNCs can qualify and cut costs

This article is from the TMT chapter of the 2015 Annual Review and is available for download here.Ben Qi of Jin Mao Partners explains how foreign…