New Policies Released for Foreign Investment with Focus on Manufacturing Industry
ISSUING AUTHORITIES:
National Development and Reform Commission
Ministry of Commerce
Ministry of Industry and Information Technology
Ministry of Natural Resources
Ministry of Ecology and Environment
Ministry of Transport
DATE OF ISSUANCE:
October 13, 2022
On October 13, 2022, with the approval of the State Council, the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Industry and Information Technology, the Ministry of Natural Resources, the Ministry of Ecology and Environment, and the Ministry of Transport jointly issued Several Policy Measures on Promoting the Expansion of Foreign Investment, Stabilizing Stock and Improving Quality with a Focus on Manufacturing (the “Measures”), further increasing the intensity of investment in the manufacturing industry, focusing on solving the outstanding problems faced by foreign-invested enterprises, comprehensively strengthening foreign investment promotion and services, and promoting the high-quality development of foreign capital.
The Measures implement the decision-making and deployment of the Party Central Committee and the State Council on stabilizing foreign investment, and clarify the direction and key tasks of China's progress in the use of foreign capital at present and in the future: (1) optimize the investment environment and expand the increase of foreign investment; (2) strengthen investment services and stabilize the stock of foreign investment; and (3) guide the direction of investment and improve the quality of foreign investment.
Reference:
《關(guān)于以制造業(yè)為重點(diǎn)促進(jìn)外資擴(kuò)增量穩(wěn)存量提質(zhì)量的若干政策措施》
