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Economy

Policies and measures have been put into practice in succession, stabilizing foreign investment in the fourth quarter and welcoming multiple interests

2022-11-04   

The Catalogue of Industries Encouraging Foreign Investment (2022 Edition) was launched to further expand the scope of encouraging foreign investment; We will introduce policies and measures focusing on the manufacturing industry to promote the expansion of foreign investment, stabilize the stock and improve the quality, and increase investment attraction in the manufacturing industry; The sixth batch of major foreign investment projects will be launched to promote the landing of landmark foreign investment projects... The reporter of the Economic Reference Daily noted that since the fourth quarter, relevant departments have actively deployed to stabilize foreign investment measures into the intensive landing period, further stabilizing the expectations of foreign-funded enterprises and strengthening foreign investment confidence. Recently, the National Development and Reform Commission and the Ministry of Commerce released the Catalogue of Industries Encouraging Foreign Investment (2022 Edition), which further expanded the scope of foreign investment in terms of promoting high-quality development of the manufacturing industry, improving the development level of producer services, and promoting the development of the central and western and northeast regions. A few days ago, six departments, including the National Development and Reform Commission and the Ministry of Commerce, jointly launched 15 measures on October 25 to further increase the efforts to attract investment in the manufacturing industry, focus on solving the outstanding problems faced by foreign-funded enterprises, comprehensively strengthen the promotion and service of foreign investment, and promote the high-quality development of utilizing foreign capital. Zhang Fei, deputy director of the Foreign Investment Research Institute of the Research Institute of the Ministry of Commerce, told the Economic Information Daily that these measures to stabilize foreign investment focus on manufacturing and other key areas, aim to promote the expansion of foreign investment, stabilize the stock and improve the quality, and take a number of measures from the aspects of investment environment, investment services and investment orientation, which is conducive to enhancing the confidence of foreign investment in China and taking root in China. More favorable signals for stabilizing foreign investment are still being released, among which promoting the implementation of landmark major projects has become an important focus. On October 26, the General Office of the State Council publicly released the Plan for the Division of Key Tasks of the Tenth National Teleconference on Deepening the Reform of "Regulation, Supervision and Service", which proposed to guarantee the national treatment of foreign-funded enterprises, ensure that foreign-funded enterprises enjoy the same policies of helping enterprises and benefiting enterprises, government procurement, etc., promote the implementation of a number of landmark foreign-funded projects in the manufacturing industry, and enhance the confidence of foreign capital in the long-term development of China. Relevant departments have also deployed to increase support for major foreign investment projects. The National Development and Reform Commission proposed that it would launch the sixth batch of major foreign-funded projects, give support to industrial planning, land use, environmental assessment, energy consumption and other policies at the central level, and promote the implementation of projects; Timely coordinate and solve the difficulties encountered by foreign-funded projects in the process of investment, production and operation to ensure the smooth implementation of the project. The Ministry of Commerce said that it would give full play to the role of the special work class on key foreign investment projects of the foreign trade and foreign investment coordination mechanism, comprehensively explore and arrange key foreign investment projects with various regions and departments, select the large-scale foreign investment projects in advanced manufacturing fields invested by the world's top 500 multinational companies, strengthen "full life cycle" services and all-round guarantees, timely coordinate and solve problems and difficulties in all aspects, and promote the early landing, construction and operation of projects. The local government will launch targeted measures according to the local situation of attracting foreign capital. For example, Wuxi has formulated and issued Ten Measures on Promoting the Use of Foreign Capital to Improve Quality and Efficiency, and has increased the number of "465" modern industrial clusters supported by four landmark industrial clusters such as the Internet of Things, six advantageous industrial clusters such as high-end equipment, and five future industries such as artificial intelligence

Edit:Yi Bing Responsible editor:Wei Li Bin

Source:Economic Information Daily

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