The State Council recently issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment" (hereinafter referred to as the "Opinions"), which requires better coordination of the domestic and international overall situation, creating a market-oriented, legal, and international first-class business environment, fully leveraging China's super large scale market advantages, and attracting and utilizing foreign investment more vigorously and effectively, in order to promote high-level opening up to the outside world Make contributions to the comprehensive construction of a socialist modernized country. The Opinion proposes 24 policy measures in 6 aspects. One is to improve the quality of utilizing foreign capital. Increase efforts to attract foreign investment in key areas, leverage the comprehensive pilot demonstration and driving role of expanding the opening up of the service industry, broaden channels for attracting foreign investment, support the gradient transfer of foreign-invested enterprises, and improve the promotion mechanism for foreign investment project construction. The second is to ensure the national treatment of foreign-invested enterprises. Ensure legal participation in government procurement activities, support equal participation in standard formulation work in accordance with the law, and ensure equal enjoyment of 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 a convenient cross-border data flow security management mechanism, coordinate and optimize law enforcement inspections for foreign-invested enterprises, and improve service guarantees for foreign-invested enterprises. Fifth, increase financial and tax support. Strengthen the guarantee of foreign investment promotion funds, encourage foreign investment enterprises to reinvest in China, implement relevant tax preferential policies for foreign investment enterprises, and support foreign investment enterprises to invest in areas encouraged by the state for development. Sixth, improve the promotion methods for foreign investment. Improve the 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 foreign investment environment and increase efforts to attract foreign investment. Encourage various regions to introduce supporting measures tailored to local conditions and enhance policy synergy. The Ministry of Commerce should strengthen guidance and coordination with relevant departments and units, promote policies, timely implement policy measures, create a more optimized investment environment for foreign investors, and effectively boost foreign investment confidence. (New News Agency)
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：XinhuaNet
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