The State Council has issued 24 policy measures in 6 aspects: further increase efforts to attract foreign investment, modernize | overall situation | efforts
The State Council recently issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment", which requires better coordination between domestic and international situations, creating a market-oriented, rule of law, and internationalized first-class business environment, fully leveraging China's super large-scale market advantages, and making greater efforts and more effective attraction and utilization of foreign investment, to contribute to promoting high-level opening up to the outside world and comprehensively building a socialist modernized country.
The Opinion proposes 24 policy measures in 6 aspects. One is to improve the quality of utilizing foreign investment. Increase efforts to attract foreign investment in key areas, give full play to the leading role of the comprehensive pilot demonstration of expanding opening up in the service industry, broaden channels for attracting foreign investment, support the gradient transfer of foreign-invested enterprises, and improve the mechanism for promoting the construction of foreign investment projects. The second is to ensure the national treatment of foreign-invested enterprises. Ensure legal participation in government procurement activities, support equal participation in standard setting work in accordance with the law, and ensure equal access to support policies. Thirdly, we will continue to strengthen the protection of foreign investment. Establish a sound mechanism for protecting the rights and interests of foreign investment, strengthen administrative protection of intellectual property rights, increase administrative enforcement of intellectual property rights, and standardize the formulation of foreign economic and trade policies and regulations. The fourth is to improve the level of investment and operation facilitation. Optimize the residence suspension policy for foreign employees of foreign-invested enterprises, explore convenient cross-border data flow security management mechanisms, coordinate and optimize law enforcement inspections for foreign-invested enterprises, and improve service guarantees for foreign-invested enterprises. The fifth is to increase financial and tax support. Strengthen the guarantee of funds for promoting foreign investment, encourage foreign-invested enterprises to reinvest domestically, implement relevant tax preferential policies for foreign-invested enterprises, and support foreign-invested enterprises to invest in areas encouraged by the state for development. Sixth, improve the promotion methods for foreign investment. Establish a sound mechanism for attracting investment, facilitate the promotion of overseas investment, expand channels for promoting foreign investment, and optimize the evaluation of foreign investment promotion.
The Opinion requires all regions, departments, and relevant units to effectively optimize the environment for foreign investment and increase efforts to attract foreign investment. Encourage regions to introduce supporting measures tailored to local conditions and enhance policy synergy. The Ministry of Commerce, together with relevant departments and units, should strengthen guidance and coordination, do a good job in policy promotion, timely implement policy measures, create a more optimized investment environment for foreign investors, and effectively boost foreign investment confidence.
For details, please refer to the "Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment"