Abstract:The new development pattern puts forward higher requirements for the standardization, precision and transparency of China’s foreign investment review system, the ability to coordinate development and security, and the ability to prevent and control risk. Measures for the Security Review of Foreign Investment (the Measures) is the latest achievement of the foreign investment review system in China which effectively respond to the requirements above. First, a working mechanism for the security review of foreign investment is established to organize, coordinate and guide the security review. Second, foreign investment is allowed subject to additional conditions that can eliminate the impact of the proposed investment on national security. Third, there is potentially a broad scope in terms of sectors that are subject to the Measures. Last but not the least, parties may face disciplinary action when violating obligations under the Measures. However, there are still some limitations or deficiencies in the setting of safety review considerations, relief channels and supervision mechanism, and temporary arrangements to deal with emergencies.The next stage of China’s foreign investment legislation reform needs to clear up some ambiguities involving safety review considerations, to establish review authority oversight mechanism and to build an effective temporary safety review measures to prevent and resolve risks, which will escort China to open up at a higher level to the outside world.