国际投资法中国有企业的主体资格与中国因应
Qualification of State-Owned Enterprises under International Investment Law and China’s Response

随着中国等发展中国家的崛起和全球经济治理的变革，国有企业及其行为在国际投资、贸易中的意义日益显现。国际投资法中各种投资协定和ICSID公约对投资者的规定方式各有特点，ICSID仲裁实践中逐渐形成了一套结合Broches标准，用以审查国有企业是否具备投资主体资格的审查方法。这些认定标准目前仍存在模糊之处，有待进一步完善。我国在国际投资中国有企业的投资主体资格认定标准存在不明确、不统一、不连贯的问题。因此，我国应积极利用并完善ICSID仲裁机制，更新BITs明确国有企业投资者身份，深化国有企业市场化改革。
With the rise of China and other developing countries and the change of global economic governance, the significance of state-owned enterprises and their behaviors in international investment and trade is increasingly apparent. Various investment agreements and ICSID conventions in international investment law have their own characteristics in terms of investor stipulations. In the practice of ICSID arbitration, a set of review methods combined with Broches criteria have been gradually formed to judge whether state-owned enterprises have the qualification of investment subjects. There are still some ambiguities in these standards and they need to be further improved. The qualification criteria of investment subject of Chinese enterprises in international investment are unclear, inconsistent and incoherent. Therefore, our country should take advantage of and perfect the ICSID arbitration mechanism, update BITs to clarify the investor identity of state-owned enterprises and deepen the market-oriented reform of state-owned enterprises.