Caixin
Aug 21, 2023 02:55 PM
OPINION

Editorial: The Benefits of Stabilizing Foreign Investment in China

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A European businessman tries out a Geely new-energy vehicle on May 17 in Ningbo, East China’s Zhejiang province. Photo: VCG
A European businessman tries out a Geely new-energy vehicle on May 17 in Ningbo, East China’s Zhejiang province. Photo: VCG

The Chinese government has once again emphasized its commitment to foreign investment. Recently, the State Council outlined 24 policy measures in its Opinion on Further Optimizing the Environment for Foreign Investment and Enhancing Efforts to Attract Foreign Investment. These measures cover a range of areas including improving the quality of foreign capital utilization, ensuring national treatment for foreign-invested enterprises, continuously strengthening the protection of foreign investments, enhancing the convenience of investment operations and intensifying fiscal and tax support. The content is comprehensive. This year, direct foreign investment in China has significantly declined. The opinion is a proactive response to the concerns of foreign enterprises. If effectively implemented, this document will undoubtedly help alleviate the concerns of foreign investors and stabilize expectations to ensure a steady influx of foreign capital.

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