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Economy

Law amended to encourage investment from Taiwan

1
2019-12-28 15:24:56Xinhua Editor : Gu Liping ECNS App Download

An amendment to the law on the protection of investments by compatriots from Taiwan was adopted in Beijing on Saturday to welcome more investment from Taiwan.

The amendment simplifies the procedures for investment in the mainland by Taiwan compatriots by removing the requirement of government examination, approval and filing.

The amendment was approved at end of a six-day bimonthly session of the National People's Congress Standing Committee.

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