Recently, many regions have introduced policies to attract foreign investment, accelerating the creation of a market-oriented, legal, and international first-class business environment, and more effectively attracting and utilizing foreign investment. Supporting policies support foreign investment. Qingdao has formulated several measures to further stabilize foreign investment and promote development, providing precise services such as market access, policy guidance, trade facilitation, and service guarantee for foreign investors. In order to let more high-quality foreign-funded enterprises "settle down in Qingdao", at the beginning of this year, Qingdao issued the List of Policies of "Promoting Economic Consolidation and Getting Better, Accelerating Green, Low Carbon and High Quality Development" in 2024 (the first batch), which proposed that since 2024, new manufacturing foreign-funded projects with actual foreign investment of more than $20 million (inclusive) and manufacturing foreign-funded projects with capital increase of more than $10 million (inclusive), and those with fixed assets investment of more than 20 million yuan, will be rewarded at 3% of their fixed assets investment, with a maximum reward of 100 million yuan. In response to the concerns of foreign-invested enterprises and to improve the openness and transparency of standard setting, in April this year, the Shanghai Municipal Administration for Market Regulation, the Shanghai Development and Reform Commission, and the Shanghai Municipal Commission of Commerce jointly issued the "Several Measures of Shanghai to Further Support the Participation of Foreign Invested Enterprises in Standardization Work". The Measures point out that foreign-invested enterprises should be allowed to ride the standardized direct train and achieve seamless integration with the Standardization Committee. Foreign invested enterprises can propose standard project proposals to the Standardization Committee, or apply to participate in standard drafting through the Standardization Committee. By participating in the work of the Standardization Committee, they can participate more deeply in standardization work. Recently, the Department of Science and Technology of Hainan Province and other departments issued the "Several Measures to Support Enterprises to Establish Research and Development Institutions and Promote Enterprises to Increase Social R&D Investment", emphasizing the support for foreign R&D institutions to enjoy pre tax additional deduction policies for R&D expenses that meet the conditions. Continuous optimization of cross-border projects requires a series of "checkpoints" such as compliance review, customs clearance of goods, and settlement of domestic and foreign currency payments during the implementation process. The business environment of the city determines the experience of "customs clearance". Various departments in Qingdao have created a comprehensive online cross-border business model through meticulous and professional services. Previously, we needed to enter the tax service hall to handle tax related business, but now all transactions can be processed online with intelligent guidance throughout the entire process. Recently, financial personnel from Japan's Ke Le Xie Co., Ltd., Takahiro Sakaki, logged into the electronic tax bureau overseas and, relying on the "non resident cross-border tax" scenario, completed the online declaration of 10.5639 million yuan in tax payment and storage throughout the entire process. Hainan Free Trade Port continuously improves the business environment for foreign-related services, optimizes the utilization of foreign investment structure, and continuously increases the proportion of foreign investment absorbed by the service industry. Many foreign-invested enterprises have achieved good development in Hainan, with sustained business growth, empowering industrial development, promoting consumption return, and promoting high-quality development of Hainan Free Trade Port. In order to establish a fair and open market environment that is connected with international high standard economic and trade rules, Hainan will also optimize the market access environment and the structure of foreign investment industries, ensure equal participation in market competition, including benchmarking against international high standard economic and trade rules, promoting cross-border service trade, and high-level investment openness. At the same time, we support foreign-invested enterprises to participate equally in the formulation and revision of national standards, industry standards, local standards, and group standards in accordance with the law. While enhancing the internal skills of the business environment through internal and external cultivation, Qingdao actively cultivates the external skills of overseas investment promotion. By sorting out 24 key industrial chains, Qingdao has established a target database of 100 planned visits to overseas enterprises for investment attraction and 84 planned visits to overseas institutions for investment attraction. The goals are very clear, aiming to make the introduced projects resonate with the city's industrial structure, complete the industrial chain, and maximize the role of foreign investment in promoting economic development. As an important component of Shanghai's foreign investment promotion system, professional service institutions, foreign chambers of commerce associations, leading industrial chain enterprises, and financial capital institutions have utilized their own advantages and industry resources to recommend foreign investment projects that are in line with the direction of industrial development for Shanghai. According to Bi Shunjie, the business executive partner of Ernst&Young Greater China, Ernst&Young has assisted in introducing dozens of multinational enterprises to develop new industries and businesses in Shanghai. Ernst&Young will also utilize its global network to actively assist Shanghai in more targeted overseas investment activities. The Consumer Expo is an important window for the development of foreign investment and foreign trade in Hainan. The 4th Consumer Expo attracted 4019 consumer boutique brands from 71 countries and regions, and domestic and foreign merchants fully experienced the vast consumer market in Hainan. Xu Xinxiong, CEO of Tianshi Group, who has participated in the Consumer Expo for four consecutive sessions, said, "The Expo is positioned as a 'global consumer boutique display and trading platform', fully reflecting China's firm confidence in continuously expanding high-level opening-up to the outside world, and also witnessing more and more multinational enterprises entering and deeply cultivating the Chinese market through this platform." (Xinhua News Agency)