The State Council Information Office held a regular briefing on the State Council’s policies on the 20th, and further interpreted the "2025 Action Plan for Stabilizing Foreign Investment" issued on the 19th. What are the key points and highlights? What "practical measures" will relevant departments introduce to make these policies effective? Let’s pay attention to ↓↓↓
Highlight 1:
Send positive signals of further opening up
According to reports, as of the end of 2024, foreign investors have invested and established more than 1.239 million enterprises in China, and actually used 20.6 trillion yuan of foreign capital. Foreign investment plays a very important role in my country's development of new quality productivity and realizing Chinese-style modernization. The "Action Plan" has sent a positive signal of further opening up, and proposed a series of measures such as promoting the acceleration and efforts of the national comprehensive pilot work for expanding opening up of the service industry, further reducing the negative list of market access, and improving the level of outward-oriented economic development of national economic and technological development zones.
Ling Ji: The Action Plan clearly requires that various measures and policy measures will be implemented and effective by the end of 2025, which fully demonstrates the confidence and determination of the Chinese government to adhere to high-level opening up to the outside world and vigorously attract foreign investment.
Highlight 2:
Form a "combination punch" of stabilizing foreign investment with a "1+N" policy.
Relevant person in charge of the National Development and Reform Commission said that relevant departments will actively connect with international high-standard economic and trade rules in seven areas including property rights protection, industrial subsidies, environmental standards, labor protection, government procurement, e-commerce, and finance, to achieve the compatibility of rules, regulations, management and standards. In orderly promote the expansion of independent opening up and expand unilateral opening up to the least developed countries, including the commodity market, service market, capital market, and labor market. In the next step, various departments will also promote the issuance of several supporting policy documents to form a "1+N" "combination punch" of stabilizing foreign investment. Highlight 3:
Released the new version of the "Catalogue of Industries Encouraging Foreign Investment" as soon as possible
Relevant persons in charge of the National Development and Reform Commission introduced that relevant departments will issue the 2025 version of the "Catalogue of Industries Encouraging Foreign Investment" as soon as possible in accordance with the procedures. The new catalog will focus on adding items in the fields of advanced manufacturing, modern services, high-tech, energy conservation and environmental protection, and encourage more foreign investment to be invested in the central and western regions and northeastern regions. In addition, the National Development and Reform Commission has worked with relevant departments to launch the formulation of policies to encourage domestic reinvestment by foreign-invested enterprises and the compilation of the "China Questions and Answers for Foreign Investment".
The head of the Department of Utilization of Foreign Investment and Overseas Investment of the National Development and Reform Commission: I hope it can help overseas investors better understand the environment for foreign investment in China, better serve the investment implementation, production and operation of foreign enterprises, and work and life of foreign personnel in China, and provide good services for the implementation of landmark major foreign investment projects. This year, we will continue to strengthen project factor guarantees, promote the accelerated implementation of the first eight batches of projects, and release the ninth batch of projects in a timely manner.