OECD Investment Policy Reviews China Progress and Reform Challenges: Overview of progress and policy challenges

China has made progress in providing a business environment conducive to foreign direct investment (FDI). The challenge now is to move towards a more rules‐based policy framework that will attract high‐quality FDI from OECD countries. The OECD proposes a number of policy options for the Chinese government to consider in further developing such a framework. These include additional streamlining of the investment project approval process, reconsideration of unnecessary sectoral restrictions on foreign investment, and measures to increase transparency and strengthen the rule of law...