This article analyses China’s new foreign investment legal regime and assesses its contribution to the country’s development goals. Fulfilment of the goals entails an increase in ‘good’ investment flows and more effective regulation and management thereof. This article finds that the reform makes some positive progress towards the development goals. First, administrative control over foreign investments is eased, since a less burdensome report mechanism is established, while foreign investments not included on negative lists are exempt from the approval procedure. Second, a new system is established to strengthen post-entry supervision of foreign investments. Third, equal treatment of foreign investments as well as investment promotion and protection are strengthened. Fourth, the rules have become clearer and more transparent. However, due to certain regulatory flaws, problematic implementation, and a lack of ambition, the progress may be slower than intended. Therefore, the recent reform is only an incremental step towards China’s development goals.
The effect of ethephon (Et) and methyl jasmonate (MeJA) on the induction of traumatic gum ducts (TGDs) was studied in Chinese sweetgum, Liquidambar formosana, a broad-leaved tree species. Lanolin pastes with concentrations of 1, 2 and 5% (w/w) of these chemicals were applied to the intact bark of the trees in May, July and September without any wounding. The trees did not show any response to the treatment of MeJA, but TGDs were formed in response to treatment with Et. Trees treated with Et in the active growing season (May) produced more rows of TGDs than those treated in July or September, suggesting a strong relationship between cambial activity and susceptibility to TGD induction. These results are discussed in comparison with responses of conifers and some angiosperms to MeJA and Et treatments with and without associated wounding reported in the literature.