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The Communist government submitted a bill on Sunday to the Standing Committee of the National People's Assembly, the country's parliament, which puts forward provisions to better protect the intellectual property of foreign companies.
The foreign investment bill would ban the forced transfer of technology from foreign companies to their Chinese partners, a major grievance of Trump and other critics.
This decision was hailed by Harley Seyedin, president of the South American Chamber of Commerce. China, which described it as "a significant and correct action of the Chinese government".
But he warned that foreign companies in China would still face other obstacles even with the planned changes, including a lack of enforcement and "unfair treatment". by local governments.
With an emphasis on "equal treatment" as well as on "creating a stable, transparent and predictable investment environment", the new law states that foreign companies must benefit from all public policies "favorable to the development of enterprises" and participate in public procurement, according to the Xinhua government press agency
Chinese government officials have already rejected the accusations that foreign companies
The new law appears to be Beijing's latest attempt to appease Trump, who has repeatedly expressed concern over theft of technology by the Chinese government.
Negotiations are still ongoing after both parties have declared a 90-day ceasefire on the trade war as a result of a face-to-face meeting between Chinese President Trump and Xi Jinping in Argentina at the beginning of the month. 19659009] US accuses Chinese hackers of global corporate and military ploy "data-src-mini =" // cdn.cnn.com/cnnnext/dam/assets/181220103413- hacker-stock-small-169.jpg "data-src-xsmall =" // cdn.cnn.com/cnnnext/dam/assets/181220103413-hacker-stock-medium-plus-169.jpg "data-src-small = "http://cdn.cnn.com/cnnnext/dam/assets/181220103413-hacker-stock-large-169.jpg" data-src-medium = "// cdn.cnn.com/cnnnext/dam/assets / Data-src full16x9 = "// cdn.cnn.com/cnnnext/dam/assets/181220103413-hacker-stock-full-169.jpg" data-src-mini1x1 = "// cdn.cnn.com/cnnnext/dam/assets/ 181220103413-hacker-stock-small-11.jpg "data-demand-load =" not-loaded "data-eq-pts =" mini: 0, xsmall: 221, small: 308, medium: 461, wide: 781 " ####### the United States accuse Chinese hackers of a global corporate and military scheme ” class=”media__image” src=”http://cdn.cnn.com/cnnnext/dam/assets/181220103413-hacker-stock-large-169.jpg”/>
