Islamabad, March 19 -- China's national legislature passed the foreign investment law at the closing meeting of its annual session on March 15.

Foreign media described the approval as "extremely important" and the "largest highlight of the annual session of the national legislature", believing that the decision has showcased China's confidence to open its arms wider to the world, and its sincere hope for openness, mutual benefit and win-win results.

The approval is a display of China's strong determination to further expand opening up.

As it is said by a senior manager of a multinational corporation who took part in the discussion of the draft law and the solicitation of opinions, the unified foreign investment law represents a major ...