歐盟外資安全審查制度變革下中資企業赴歐投資的挑戰與法律應對

The Challenges and Legal Responses of Chinese Enterprises' Investment in Europe under the Reform of EU Security Screening Mechanism

2019年出臺的《歐盟外商直接投資審查框架條例》及系列配套文件構建起了歐盟國家的雙重外資安全審查制度，《條例》的內容對中國具有較強的針對性。該制度的建立，給中資企業赴歐投資帶來了諸如投資難度增加、商業秘密洩露風險提高、司法救濟途徑闕如等挑戰。對此，我國可以從企業和國家兩個層面作出應對。在中資企業層面，建立內部全鏈條式投資監管制度，善於運用歐盟現有投資者救濟途徑，改變投資策略與他國投資者進行聯合投資。在國家層面，積極推動《中歐全面投資協定》的簽署，增加投資便利化措施保障投資者權益。

2019 /452 /Eu and a series of supporting documents have established a dual foreign direct investment security screening mechanism for EU's Member States. The Regulation is highly targeted to China. The establishment of it brings challenges for Chinese enterprises investing in Europe, such as increased difficulty in investment access, increased risk of trade secret leakage, and lack of judicial remedies- In this regard, Chinese enterprises can respond at both the enterprise and national levels. At the enterprise level, Chinese enterprises should establish an internal investment supervision system; make good use of EU investor remedies; change the investment strategy and make coinvest ments with investors from other countries. At the national level, China should actively promote the signature of the CAI, adding investment facilitation measures to protect the equities of investors.