China News Service, Taiyuan, November 26 (Reporter Yang Jieying) On November 26, the reporter learned from a press conference held by the General Office of the Standing Committee of the People's Congress of Shanxi Province that the "Regulations on the Promotion of Foreign Investment in Shanxi Province" (hereinafter referred to as the "Regulations") It will be implemented on January 1, 2022.

  The "Shanxi Province Foreign Investment Promotion Regulations" has 6 chapters and 34 articles, including foreign investment industry, financing, services, planning, guarantees and other aspects. Promoting measures, services, management and other behaviors have clarified the obligations of relevant government departments, staff and foreign investors.

In particular, it will further strengthen government services for foreign investment and protect the legitimate rights and interests of foreign investors, and strive to better meet the new needs of foreign investors for investment services and rights protection under the new situation.

  "The promulgation of the "Regulations" will provide a more effective legal guarantee for Shanxi to increase investment and promote high-quality development in an all-round way. Its practical and historical significance is profound and long-term." The Ethnic Religious Overseas Chinese Affairs and Foreign Affairs Working Committee of the Standing Committee of the Shanxi Provincial People's Congress Deputy Director Chen Laping introduced that the "Regulations" increase the institutional opening of foreign investment, guide foreign investment to strengthen Shanxi's international cutting-edge technology development, keep up with global industrial changes, and promote new breakthroughs in the "six new".

At the same time, strengthen the design of foreign investment services and guarantee systems, and promote the innovative development of Shanxi's foreign investment work.

  At the same time, the "Regulations" focus on responding to the outstanding foreign investment promotion, protection and management issues reflected by foreign investment enterprises, improve systems and mechanisms, strengthen service guarantees, and optimize work methods; fully absorb the "Shanxi Province Development Zone Regulations" and "Shanxi Province Optimizing the Business Environment" The legislative experience of the Regulations earnestly absorbed the content of the "Implementation Opinions of the People's Government of Shanxi Province on Actively and Effectively Utilizing Foreign Capital to Promote High-quality Economic Development."

  Article 9 of the "Regulations" stipulates that people's governments at or above the county level shall establish guarantee and service mechanisms for handling foreign investment project commitments, tracking service feedback, key projects landing, and implementing preferential policies and measures.

The competent foreign investment promotion department of the people's government at or above the county level shall carry out project leadership, assistance, and agency services for investment promotion projects, implement full tracking and service guarantees, and coordinate and solve related problems.

  Article 14 of the "Regulations" stipulates that the Provincial People's Government should clarify the matters, content, standards, and procedures of foreign investment services, and rely on an integrated online government service platform to realize the entire process of online administration and information sharing of foreign investment government services.

  Zhang Xiaosheng, deputy director of the Shanxi Provincial Department of Commerce, said that the implementation of the "Regulations" involves a wide range of departments and will work closely with all regions and departments across the province, strengthen overall planning and coordination, and effectively solve the pain points in the province's foreign investment promotion work. To create a business environment of “three nos and three abilities” to create a business environment of “three nos and three possibles”, form a strong atmosphere of business-oriented, pro-business, and safe business in the province, and effectively enhance the sense of gain for foreign investors.

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