Research On The National Security Examination System Of Foreign Investment In China

In today's world economic globalization,the cross-border flow of capital is more frequent,and the proportion of foreign investment in most countries in the world is gradually rising,and is gradually becoming an important part of a country's economy.It has been 42 years since China opened to the outside world in 1978.The wise decisions of the Party have enabled China to achieve leapfrog development in a relatively short period of time and become the second largest economy in the world.With the deepening of reform and opening up,foreign investment has a great impact on China's economy.China is still the most attractive investment destination in the world.In the new era,the economy needs to develop and the society needs to make progress.In order to further deepen the reform and opening up,China needs to attract more foreign investment.In response,China needs to create a more attractive investment environment.There is no doubt that foreign investment has a positive effect on a country's economy.It will bring tax revenue to the host government,provide a certain number of jobs for its residents,and facilitate the introduction of new technologies to promote the upgrading and development of domestic technologies.Nevertheless,it should be noted that foreign investment can also have some negative effects on the host country.Foreign-invested enterprises may occupy the domestic market with their abundant capital and competitiveness,which will bring impact to the national enterprises of the country.Therefore,it is necessary to establish the national security review system for foreign investment to supervise the foreign capital,so as to better utilize the foreign capital to develop the economy.Although the foreign investment Law,which is scheduled to take effect in January2020,has established the national security examination system for foreign investment,the current laws and regulations in China lack detailed provisions on this system,and the system provisions are not detailed enough.In this case,how should China deal with the negative impact of foreign investment on China's economy and even the threat to China's national security?When foreign investment access is in conflict with national security,how to deal with the relationship between them and make them in a balanced state is the key.For China,to build a community with a Shared future for mankind and at the same time protect its own national interests is the goal China should pursue in establishing the foreign investment security review system.In view of this,the author through the analysis of China's foreign capital security review system,based on the national conditions,draw lessons from the legislative experience of countries outside the region,improve the deficiencies.