Coordinating National Security and Opening-up:The Evolution of the Foreign Investment Security Review System and China's Response
Entering the second decade of the 21st century,with the development of economic globalization and the transformation of the international economic order,foreign investment has become an important driving force for the vigorous development of the world economy.To maintain a dynamic balance between national security and opening-up,countries have begun to establish foreign investment security review systems.The evolution of foreign investment security review systems in developed economies represented by the United States has had a significant impact on China's overseas investment layout and the establishment of its own foreign investment security review system.By comparing and analyzing the development process and salient features of the foreign investment security review systems of the two major developed economies(the United States and Europe),this paper finds that although they each have their own characteristics,they generally demonstrate a trend of expanding the scope of review and intensifying scrutiny.In contrast,the establishment of a foreign investment security review system in China is still in its infancy.During the operation of the system,problems such as lower legal hierarchy of the review rules,the lack of operability of the review standards,and the lack of a right relief mechanism have been revealed.Therefore,China should learn from and critically absorb the rewarding experiences of other countries to accelerate the development and improvement of the legal system of foreign investment security review.At the same time,it should support domestic enterprises in formulating scientific and reasonable coping strategies to firmly safeguard China's national sovereignty,security and development interests.
national securityopening-upforeign investment security review systemChina's response
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