On 16 June 2026, MOFCOM, NDRC and MOF issued the *Action Plan for Stabilising and Optimising Foreign Investment* (Document No. 97 of 2026), a 15-measure package across five dimensions approved by the State Council. 2026年6月16日，商务部、国家发展改革委、财政部联合印发《利用外资固稳促优行动方案》（商资发〔2026〕97号），经国务院同意，围绕五大维度推出15条举措。 The Plan shifts the policy … Decoding China’s 2026 Action Plan for Stabilising and Optimising Foreign InvestmentRead more
2026 Government Work Report on Foreign Investment: Policy Signals for Market Entry
The 2026 Government Work Report makes services the explicit focus of market-access expansion, naming value-added telecom, biotech and wholly foreign-owned hospitals as pilot priorities. 2026年政府工作报告明确以服务业为市场准入扩大重点，点名增值电信、生物技术、外商独资医院为试点优先项。 It commits to compressing the cross-border services-trade negative list and to an orderly expansion of … 2026 Government Work Report on Foreign Investment: Policy Signals for Market EntryRead more
2026 State Council Action Plan on Foreign Capital: Stabilizing and Upgrading Investment
The State Council-approved Action Plan for Stabilizing and Optimizing Foreign Investment (商资发〔2026〕97号) was issued on 16 June 2026 and published on 22 June, with 5 areas and 15 measures. 经国务院同意的《利用外资固稳促优行动方案》（商资发〔2026〕97号）于2026年6月16日印发、22日发布，含5方面15条举措。 The plan was built with 27 departments around concerns gathered … 2026 State Council Action Plan on Foreign Capital: Stabilizing and Upgrading InvestmentRead more
Negative list revision enters effect
The 2024 edition (Order No. 23, published 8 September 2024) took effect on 1 November 2024, replacing the 2021 edition; as of 2026 it remains the operative list. 2024 年版（第 23 号令，2024 年 9 月 8 日发布）于 2024 年 11 … Negative list revision enters effectRead more
Foreign Investment Security Review in China: What Investors Must File and When (2026)
Foreign investments that may affect national security must be self-filed with the working mechanism office before implementation; the office may also require filing.可能影响国家安全的外商投资，须在实施前主动向工作机制办公室申报；办公室亦可要求当事人申报。 The mandatory filing scope centres on military/defence-related fields and on acquiring controlling interest in important sectors such … Foreign Investment Security Review in China: What Investors Must File and When (2026)Read more
Critical Infrastructure Security Review in China: The CII Gate
Critical Information Infrastructure (CII) protection is codified in the 2021 《关键信息基础设施安全保护条例》, effective 1 September 2021 and reinforced through 2026 implementing rules.关键信息基础设施（CII）保护由2021年《关键信息基础设施安全保护条例》（2021年9月1日施行）确立，并通过2026年相关实施规则持续强化。 CII operators must pass CAC-led network security review before procuring network products or services that may affect national security—a … Critical Infrastructure Security Review in China: The CII GateRead more
Data Security Review in China: CAC-Led Controls for 2026
China’s data-security review is led by the CAC under the 2022 《网络安全审查办法》, reinforced by the 2021 《数据安全法》 and 《个人信息保护法》, all in force through 2026.中国的数据安全审查由网信办依据2022年《网络安全审查办法》主导，并辅以2021年《数据安全法》与《个人信息保护法》，上述规则在2026年持续有效。 Network security review is mandatory for CII operators procuring network products/services that may affect national security, … Data Security Review in China: CAC-Led Controls for 2026Read more
Key Technology M&A Review in China: Security Meets Competition
Foreign acquisitions of Chinese technology companies are swept into three overlapping regimes: MOFCOM/NDRC security review, SAMR antitrust clearance, and technology-export licensing.外资收购中国科技企业同时落入三套相互叠加的制度：发改委/商务部安全审查、市场监管总局反垄断审批，以及技术出口许可。 The Catalogue of Prohibited and Restricted Technology Exports (revised 2020, with ongoing 2023–2025 refinement) can block or condition the … Key Technology M&A Review in China: Security Meets CompetitionRead more
Foreign Investment Security Review in China: A 2026 Market-Entry Guide
China’s foreign investment security review is a mandatory, two-stage regime administered by MOFCOM and NDRC under the 2020 Measures (Order No. 37), in force since 18 January 2021.中国外商投资安全审查是由商务部与国家发展改革委依据2020年《外商投资安全审查办法》（第37号令，自2021年1月18日起施行）实施的强制性两段式审查制度。 Acquiring “control” of a Chinese entity in defined key sectors—defence, technology, energy, … Foreign Investment Security Review in China: A 2026 Market-Entry GuideRead more
National security review of foreign investment
Security review is a stand-alone ex-ante screening under the Foreign Investment Law (Art. 35) and the 2020 Security Review Measures (Order No. 37, effective 18 January 2021) — it can block or condition a deal even where the negative list … National security review of foreign investmentRead more