Investment environment to become more stable and open

China's investment environment is expected to become more stable, open and transparent, as the draft foreign investment law stipulates foreign enterprises will receive pre-established national treatment plus a negative list management system, according to the Ministry of Commerce on Saturday.

The foreign investment law is expected to help establish an environment where foreign companies can compete fairly in China, and better protect the legitimate rights and interests of foreign investors, Wang Shouwen, vice-minister of commerce, said at a news conference during the two sessions.

Wang also cited that the law will protect the intellectual property rights of foreign investors and encourage technology cooperation based on voluntary principles and commercial rules.