Q: What are the general considerations for revising the “Encourage Catalogue”? A: During a meeting with representatives of the international business community, President Xi Jinping stressed that China is unswerving in advancing reform and opening-up; the door to opening up will only get wider and wider, and the policy of using foreign capital has not changed and will not change. China has unswervingly attracted and used foreign capital more vigorously, creating favorable conditions for multinational companies to invest and develop in China, and has also injected certainty into maintaining global cross-border investment and development. The “Encouragement Catalogue” is an important foreign investment promotion policy in China, as well as an important foreign industry and regional policy. The revised publication of the “Incentive Catalogue” is an important step to make greater efforts to attract and utilize foreign investment. The Foreign Investment Law stipulates that the state encourages and guides foreign investors to invest in specific industries, fields, and regions in accordance with the needs of national economic and social development. The implementing regulations of the Foreign Investment Law are clear. According to the needs of national economic and social development, the State formulates a catalogue of industries that encourage foreign investment, and lists specific industries, fields, and regions that encourage and guide foreign investors to invest. The overall consideration of this revision is to implement the decisions and arrangements of the Party Central Committee and the State Council to stabilize foreign investment, and guide more foreign investment into fields such as advanced manufacturing, modern services, high technology, energy saving and environmental protection, as well as the Midwest and Northeast regions.

Q: What are the general considerations for revising the “Encourage Catalogue”? A: During a meeting with representatives of the international business community, President Xi Jinping stressed that China is unswerving in advancing reform and opening-up; the door to opening up will only get wider and wider, and the policy of using foreign capital has not changed and will not change. China has unswervingly attracted and used foreign capital more vigorously, creating favorable conditions for multinational companies to invest and develop in China, and has also injected certainty into maintaining global cross-border investment and development. The “Encouragement Catalogue” is an important foreign investment promotion policy in China, as well as an important foreign industry and regional policy. The revised publication of the “Incentive Catalogue” is an important step to make greater efforts to attract and utilize foreign investment. The Foreign Investment Law stipulates that the state encourages and guides foreign investors to invest in specific industries, fields, and regions in accordance with the needs of national economic and social development. The implementing regulations of the Foreign Investment Law are clear. According to the needs of national economic and social development, the State formulates a catalogue of industries that encourage foreign investment, and lists specific industries, fields, and regions that encourage and guide foreign investors to invest. The overall consideration of this revision is to implement the decisions and arrangements of the Party Central Committee and the State Council to stabilize foreign investment, and guide more foreign investment into fields such as advanced manufacturing, modern services, high technology, energy saving and environmental protection, as well as the Midwest and Northeast regions.