China Promotes Foreign Investment in Manufacturing Industry to Expand the Quantity, Stabilize the Stock and Improve the Quality

On October 25, 2022, China released Notice on Promulgation of the Several Policies and Measures for Expanding the Increment, Stabilizing the Stock and Improving Quality of Foreign Investment with Emphasis on Manufacturing Sector.

The Measures emphasize the depth implementation of the negative list, strengthen financial support for foreign-invested enterprises, support the import and export of foreign-invested enterprises in the manufacturing industry, focus on encouraging foreign investment in equipment, basic components, key parts and components, research and development design, modern logistics, new energy, green low-carbon key technology innovation and demonstration applications, support foreign-invested enterprises to undertake national science and technology projects, the introduction of international first-class team and support foreign-invested enterprises.