China News Service, October 25th (Zhongxin Finance and Economics Gong Hongyu) In order to further expand the inflow of foreign capital, stabilize the scale of foreign investment, and improve the quality of foreign capital utilization, on the 25th, several Chinese departments jointly issued new regulations on foreign investment to respond to the demands of foreign companies and hot topics. , stabilize foreign investment expectations and boost foreign investment confidence.
Clean up restrictive measures outside the negative list
The National Development and Reform Commission of China and other six departments issued the "Several Policies and Measures on Focusing on the Manufacturing Industry to Promote the Increase of Foreign Investment, Stabilize the Stock and Improve the Quality", which put forward fifteen measures in three aspects.
The first measure in the "Several Measures" proposes to further implement the negative list for foreign investment access.
Implement the requirements of the Foreign Investment Law and its implementing regulations, and manage fields outside the negative list for foreign investment access in accordance with the principle of consistency between domestic and foreign investment.
Continue to clean up restrictive measures outside the negative list.
Zhang Yansheng, chief researcher of the China Center for International Economic Exchanges, said that the "Special Administrative Measures for Foreign Investment Access (Negative List) (2021 Edition)" and the "Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2021 Edition)" have been The number of articles has been reduced to 31 and 27 respectively. The introduction of the "Several Measures" is more concerned with the implementation of relevant policies.
"Implement the supporting policies of the Industrial Catalogue for Encouraging Foreign Investment to ensure that qualified foreign-invested projects and enterprises can enjoy the full enjoyment." The "Several Policies" mentioned that in terms of advanced manufacturing and high-tech, the focus is on encouraging foreign investment in high-end equipment, basic elements Components, key components and other fields; in the modern service industry, focus on encouraging foreign investment in research and development design, modern logistics and other fields; in energy conservation and environmental protection, focus on encouraging foreign investment in new energy, green and low-carbon key technology innovation and demonstration applications.
Provide convenience for foreigners to come to China
Regarding the convenience of foreign personnel coming to China that foreign businessmen are concerned about, the "Several Measures" proposes to facilitate the exchange of international business personnel.
Under the premise of effective prevention and control of the new crown pneumonia epidemic, it will facilitate the entry and exit of multinational companies, executives, technicians and their families of foreign-invested enterprises.
All localities should make good use of the "fast lanes" for personnel exchanges between China and foreign countries, and further clarify the standards and procedures in light of local conditions, so as to provide convenience for foreign personnel to come to China.
Recently, as the seasons of winter and spring are approaching, China Eastern Airlines, Air China, China Southern Airlines, Hainan Airlines and other airlines have released flight plans for the new season, and will open, resume or encrypt a number of international routes.
Hong Kong Airlines and Korean Air have also announced the opening or resumption of some international flights.
Supporting foreign companies to list and raise funds in China
In terms of financial support for foreign-funded enterprises, the "Several Policies" pointed out that qualified foreign-invested enterprises should be supported by listing on the main board, the Science and Technology Innovation Board, the ChiNext Board, and the Beijing Stock Exchange, and listing on the basic and innovation layers of the New Third Board, and Issue corporate credit bonds for financing.
From January to August 2022, the actual use of foreign capital nationwide was 892.74 billion yuan, a year-on-year increase of 16.4% on a comparable basis.
In terms of source, the actual investment in China from South Korea, Germany, Japan and the UK increased by 58.9%, 30.3%, 26.8% and 17.2% respectively.
However, under the overall background of repeated delays in the global epidemic, complex and severe international situation, and weak cross-border investment, attracting foreign investment also faces many challenges.
Zhang Yansheng believes that paying more attention to and dispelling the concerns of foreign-funded enterprises will further enhance the investment confidence of foreign-funded enterprises and promote foreign investment in China.
"In the context of the current global economic slowdown, China's high-level opening-up and cooperation support policies will not only benefit China, but will also provide more market opportunities, investment possibilities and growth potential for other countries in the world, and promote the world economy. Recovery." Recently, Dai Pu, co-president of Roland Berger's Global Management Committee, said in an exclusive interview with Zhongxin Finance.
An Gaobo, President of Merck China, said in an exclusive interview with China-Singapore Finance recently that with the upgrading of China's industrial structure, the continuous improvement of local innovation strength, and the sustainable economic development, China adheres to a high-level policy of opening up to the outside world and accelerates the construction of a new development pattern. Visionary multinational companies will continue to increase their exposure to the Chinese market and improve their business layout.
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