CCTV News: The "Action Plan for Stabilizing Foreign Investment in 2025" (hereinafter referred to as the "Action Plan") was released to the public on February 19. On February 20, the State Council Information Office held a regular briefing on the State Council’s policies to introduce the relevant situation of expanding high-level opening up to the outside world and doing a good job in stabilizing foreign investment in 2025.

Relevant officials from the Ministry of Commerce introduced that the Ministry of Commerce, the National Development and Reform Commission, together with relevant departments, widely collected common problems and demands reflected by foreign-invested enterprises. Based on the existing policies such as "24 Foreign Investment Articles", 20 policy measures have been proposed from four aspects: orderly expanding independent opening up, improving the level of investment promotion, enhancing the efficiency of open platforms, and increasing service guarantees, forming the "2025 Action Plan for Stabilizing Foreign Investment". We have effectively solved the concerns of foreign-funded enterprises, increased policy support, and sent a positive signal of further opening up to the outside world.

The Action Plan clearly requires that all measures and policy measures will be implemented and effective before the end of 2025, fully demonstrating the confidence and determination of the Chinese government to adhere to high-level opening up to the outside world and vigorously attract foreign investment. Enrich and expand investment methods and improve investment promotion level

Of the 20 specific measures to stabilize foreign investment in the Action Plan, nearly half of them focus on improving investment promotion level, and enriching investment promotion methods is the highlight. Specifically, it includes: continuing to build the "Invest in China" brand; increasing support for domestic reinvestment of foreign-invested enterprises; expanding the scope of industries that encourage foreign investment, guiding foreign investment to modern service industries, and supporting more foreign investment to the central, western and northeastern regions; allowing foreign investment companies to use domestic loans to conduct equity investment; encouraging multinational corporations to invest in the establishment of investment companies; facilitating foreign investors to implement mergers and acquisitions investment in China, etc. Respond to the concerns of foreign companies in a timely manner and refine the service guarantee for foreign investment

The Action Plan responds to the concerns of foreign companies in terms of rights protection and service guarantee, and proposes a series of targeted and operational specific measures.

In the "Action Plan", the measures to increase service guarantee include: supporting the inclusion of more foreign-invested projects in the list of major foreign-invested projects and key foreign-invested projects, and increasing policy support and service guarantee; clarifying the standards for government procurement of domestic products to ensure that products produced by enterprises of different ownerships in China are equally involved in government procurement activities; encouraging financial institutions to provide financing services for foreign-invested enterprises, guiding various funds to carry out equity investment cooperation with foreign-invested enterprises; promoting the facilitation of personnel exchanges, and continuing to steadily expand the scope of unilateral visa-free countries, etc.

Zhao Fujun, director of the Comprehensive Research Office of the Department of Foreign Economic Research of the Development Research Center of the State Council, said that the implementation of the "Action Plan" will play an important role in stabilizing foreign investment, stabilize the confidence of foreign-invested enterprises to invest in China, and help my country's high-quality development. More importantly, it helps to optimize the business environment, implement equal policies for domestic and foreign-funded enterprises in government procurement, and increase efforts to ensure project services for foreign-funded enterprises. These important measures are all measures to effectively optimize the business environment. Expand independent opening up in an orderly manner and expand pilot projects for opening up in multiple fields

In orderly expand independent opening up, improve investment promotion level, enhance the efficiency of open platforms, and increase service guarantee efforts. The "2025 Action Plan for Stabilizing Foreign Investment" was released to the public on February 19, and 20 measures were proposed from four aspects. At present, the uncertainty of the external environment has increased, and my country faces multiple difficulties and challenges to attracting foreign investment. The Action Plan uses pragmatic measures to send a clear signal to further expand opening up and increase efforts to attract foreign investment.

Specifically, a series of measures have taken "subtraction" on foreign investment access restrictions. The plan proposes to further expand the pilot program of opening up in the telecommunications and medical fields in a timely manner; study and formulate an implementation plan for orderly expanding the independent opening of education and culture fields, timely announce it and implement it steadily; facilitate the accelerated launch of innovative drugs, optimize the volume-based procurement of drugs; ensure the implementation of the "Measures for the Management of Strategic Investment of Foreign Investors in Listed Companies", and the action plan clarifies the "task book" in areas of concern to foreign investors.

Li Wei, director of the Institute of Foreign Economics of the National Development and Reform Commission, said that encouraging foreign capital to carry out equity investment in China will help foreign capital better share the growth dividends of Chinese enterprises and guide more high-quality foreign capital to invest in Chinese listed companies in the long term.

In the business environment, the plan makes "addition". The plan proposes to continuously optimize the business environment and effectively implement the national treatment of foreign-funded enterprises. Research and formulate policies and measures to encourage domestic reinvestment of foreign-invested enterprises to promote more profits made by foreign-invested enterprises in China for reinvestment. Foreign-invested companies are allowed to use domestic loans to conduct equity investment, providing convenience for multinational companies to invest in and establish headquarters-based institutions in China.

Zhang Wei, deputy director of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, said that by providing better service guarantees for foreign investment, facilitating personnel exchanges between foreign-funded enterprises, and providing more fair treatment, we will promote foreign-funded enterprises to obtain better development in the Chinese market and share the dividends brought by China's development.

"High quality" is the keyword of the Action Plan". The plan clearly states that the catalog of industries that encourage foreign investment will be revised and expanded, the structure of foreign investment will be optimized, the foreign investment will be promoted to serve the high-quality development of my country's manufacturing industry, the foreign investment will be guided to invest in modern service industries, and the foreign investment will be supported to invest more in the central, western and northeastern regions.