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China's Foreign Investment Law and its supplementary regulation took effect on Jan 1, marking an official shift in the country's supervision of foreign investment from the old model of case-by-case approval to negative list management.

China will dish out more proactive fiscal policies and flexible monetary measures to drive the real economy and support a strong economic rebound once the epidemic is contained, officials said at a press conference on Monday.

China's anti-dumping and anti-subsidy measures against Australia's barley exports conforms to the law and regulations, as the 18-month long investigation result showed that Australia has caused serious damage to China's barley industry, China's commerce minister said on Monday.

China's JAC Motors said on Tuesday that it will produce autonomous cars with the country's internet giant Baidu Inc, with the first mass-produced model scheduled to roll off the assembly line in 2019.

China's Foreign Investment Law, adopted in March, is a positive step forward, Collins said, adding that the company has been encouraged by it. "We are working to understand the law and make sure we are able to follow all of the elements in it."