Shanghai issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”. Foreign-invested enterprises are encouraged to expand domestic reinvestment through various means, including foreign-invested enterprises established by law in China using undistributed profits, or reinvesting with domestic and foreign currency profits lawfully obtained in China. Reinvestment methods include investing in newly established enterprises in the city, increasing capital of existing enterprises, or obtaining shares, shares, property shares or other similar interests of domestic enterprises, as well as investment projects. Accelerate a comprehensive pilot project to expand and open up the national service industry, and support eligible foreign-invested enterprises to reinvest in expanding opening-up fields such as value-added telecommunications, medical care, biotechnology, culture, education, and finance.

Shanghai issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”. Foreign-invested enterprises are encouraged to expand domestic reinvestment through various means, including foreign-invested enterprises established by law in China using undistributed profits, or reinvesting with domestic and foreign currency profits lawfully obtained in China. Reinvestment methods include investing in newly established enterprises in the city, increasing capital of existing enterprises, or obtaining shares, shares, property shares or other similar interests of domestic enterprises, as well as investment projects. Accelerate a comprehensive pilot project to expand and open up the national service industry, and support eligible foreign-invested enterprises to reinvest in expanding opening-up fields such as value-added telecommunications, medical care, biotechnology, culture, education, and finance.