国际投资自由化的法理要义与缔约实践∗

摘要

Internaitonal investment liberalizaiton is the main trend of the movement of domestic capital among the whole world. In terms of concepts, it is different between the liberalization of trade and investment or the facili-ation of investment. In the context of the transformation of international economic order, the investment liberaliza-tion and investment law show a open-restrict-liberalization-restricted liberalization process. The realizaiton of investment liberalization need to combine the practices of international investment treaties, including both the insti-tution design of BIT and the investment measures affecting the trade liberalization. Chinese BIT has undergone a change process, but total acceptance of the jurisdiction of international investment arbitration should be rethought.%国际投资自由化是当代全球范围内资本跨境自由流通的趋势所在。就概念要素来看，投资自由化与贸易自由化、投资便利化不尽一致。在二战后国际经贸格局秩序演变的背景下，投资自由化与国际投资法制透露出开放———限制———自由化———有限制的自由化的转变轨迹。投资自由化规则的落实需充分结合国际投资条约的缔结实践，其中既涵盖双边投资协定的制度设计，又需考虑贸易规则项下取缔影响贸易自由化的投资措施。我国对外缔结的双边投资协定经历了转型，但是否全盘无所保留地接受国际仲裁管辖权，尚需反思。