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Improve the Level of Foreign Investment Environment Ruled by Law

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China's State Council: further enhance the level of foreign investment environment ruled by law, internationalization and facilitation.

China News Agency, Beijing in August 16, Chinese premier Li Keqiang has issued a notice on measures to boost foreign investment in China (hereinafter referred to as "notice"). The document emphasizes deepening supply-side structural reform and promoting streamlining administration, delegating power, streamlining and optimizing service reform. We need to further improve the legal, international and facilitation of foreign investment in China. We should promote foreign investment and improve the quality of foreign investment.

The notice puts forward policy measures to promote foreign capital growth from five aspects: One is to further reduce the restrictions on foreign investment. We will comprehensively implement the pre-establishment national treatment and negative list management system. To implement a negative list of foreign investment in the pilot free trade pilot zone in China as soon as possible. We will further expand market access to the outside world. Advance the vehicle and new energy automobile manufacturing, ship design, regional and general aircraft maintenance, the international maritime transport, railway passenger transportation, gas stations, business site of Internet access services, call center, performance brokerage, banking, securities, insurance, and other fields opening to the outside world.

Second, we will formulate fiscal and tax support policies. Encourage foreign investors to continue to invest in China. We will give full play to the positive role of foreign investment in optimizing the trade structure of services. We will promote the combination of foreign investment and foreign investment. We encourage multinational companies to invest in regional headquarters in China. We will promote the transfer of foreign capital to western and old industrial bases in northeast China. Support key investment platform infrastructure and major project construction.

Third, improve the comprehensive investment environment of national development zones. Fully endow investment management of national development zone. We will support national development projects to land and expand their capital. We will improve the capacity of supporting services for industrial development zones.

Fourth, facilitate the entry and exit of talents. We will improve the introduction of foreign talents. Actively introduce international high-end talents. The "inform + commitment" and "lack of acceptance" are used to facilitate the work of foreign talents. The implementation of foreign talent visa implementation rules in the year to improve the foreign talent evaluation standard. We will expand the scope of issuance of visas for foreign personnel and relax the effective period.

Fifth, optimize the business environment. We will promptly improve the legal system for foreign investment. We will improve the level of foreign investment services. Ensure the free flow of profits from foreign investors. We will deepen management information sharing and business cooperation among foreign investment enterprises. We will encourage foreign investment in domestic enterprises to optimize restructuring. We will improve the protection of intellectual property rights for foreign-invested enterprises. Enhance the international competitiveness of R&D environment. Maintain the continuity of foreign policy stability.

The notice requires all regions and departments to attach great importance to the use of foreign capital in the new situation. According to the division of responsibilities, take the initiative and cooperate closely. The ministry of commerce will strengthen supervision and inspection with relevant departments to ensure that all measures are implemented.

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