The second session of the 13th National People's Congress (NPC) holds its closing meeting at the Great Hall of the People in Beijing, capital of China, March 15, 2019. (HUANG JINGWEN / XINHUA)
BEIJING - The second session of the 13th National People's Congress (NPC) held its closing meeting Friday morning.
Xi Jinping and other Chinese leaders attended the closing meeting at the Great Hall of the People in Beijing.
Legislators adopted China's first unified foreign investment law, demonstrating the country's resolve to pursue a new stage of high-level opening up
Legislators adopted China's first unified foreign investment law, demonstrating the country's resolve to pursue a new stage of high-level opening up.
With unified provisions for the entry, promotion, protection and management of foreign investment, it is a new and fundamental law for China's foreign investment.
The law aims to improve the transparency of foreign investment policies and ensure domestic and foreign enterprises are subject to a unified set of rules and compete on a level playing field, according to an explanatory document.
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Legislators also approved resolutions on the government work report, and the work reports of the NPC Standing Committee, the Supreme People's Court and the Supreme People's Procuratorate.
In addition, the legislators passed resolutions on the reports of the national economic and social development plans as well as the central and local budgets, and approved the resignation of NPC Standing Committee member Zhang Rongshun.
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