Foreign investment is an important force for participating in Chinese-style modernization and promoting the common prosperity and development of China's economy and the world economy. To solidly promote high-level opening up to the outside world and make greater efforts to attract and utilize foreign investment, we must adhere to the guidance of
Xi Jinping Thought on Socialism with Chinese Characteristics in the New Era, fully, accurately and comprehensively carry out the New Development Concept, better integrate the two major domestic and international situations, create a first-rate business environment that is market-oriented, rule of law-oriented, and internationalized, and fully utilize China's advantage of its mega-sized market to consolidate the confidence of foreign investors in the development of China, and improve the quality and level of trade and investment cooperation. To improve the quality and level of trade and investment cooperation. In order to implement the CPC Central Committee, the State Council decision-making and deployment, the following action plan is formulated.
I. Expanding Market Access and Improving the Liberalization of Foreign Investment
(1) Reasonably Reducing the Negative List for Foreign Investment Access. It will improve the management system of national treatment before entry plus negative list for foreign investment, comprehensively abolish the restrictive measures on foreign investment access in the manufacturing sector, and continue to push forward the expansion of opening up in the fields of telecommunication and medical care.
(2) Carry out pilot projects to liberalize foreign investment access in the field of science and technology innovation. Allow Beijing, Shanghai, Guangdong and other pilot free trade zones to select a number of qualified foreign-invested enterprises in the gene diagnosis and treatment technology development and application of areas such as the opening up of the pilot. Supporting the opening-up initiatives in the field of information services (limited to application stores) and other areas in the pilot free trade zones for better implementation and effectiveness.
(3) Expanding the access of foreign-invested financial institutions in the field of banking and insurance. On the premise of ensuring safety, efficiency and stability, support qualified foreign-funded institutions to carry out bank card clearing business in accordance with the law. It will deepen the opening up of commercial pension insurance, health insurance and other industries, and support qualified foreign professional insurance institutions to invest in and set up or participate in insurance institutions in China.
(4) Expanding the scope of business of foreign-funded financial institutions in the domestic bond market. Optimize the procedures for foreign-funded financial institutions to participate in the domestic capital market, and further facilitate the participation of foreign-funded financial institutions in the Chinese bond market. Support qualified foreign-funded financial institutions to participate in domestic bond underwriting in accordance with regulations. Studying and steadily promoting the participation of more qualified foreign banks in the pilot trading of treasury bond futures.
(5) Deepening the implementation of the pilot program of domestic investment by qualified foreign limited partners. Expand the scope of the pilot program for qualified foreign limited partners, standardize the requirements for registered capital and shareholders of enterprises and funds managed by qualified foreign limited partners, and broaden the scope of funds that can be invested. Improve the management measures for private investment fund service business, encourage foreign investment in the establishment of private equity funds and carry out all kinds of investment activities in accordance with the law.
Second, increase policy efforts to enhance the attractiveness of foreign investment
(6) Expanding the catalog of industries encouraging foreign investment and the list of foreign investment projects. The national encouragement of foreign investment in industrial directory to increase support for advanced manufacturing, high-tech, energy saving and environmental protection and other areas, the central and western regions of foreign investment advantageous industries directory to increase support for basic manufacturing, applicable technology, people's livelihood and consumption and other areas. Actively support integrated circuits, biomedicine, high-end equipment and other areas of foreign investment projects into the list of major and key foreign investment projects, allowed to enjoy the corresponding support policies.
(VII) Implementation of tax support policies. Foreign-invested enterprises in China reinvested in the project invested in the enterprise, in line with the encouragement of foreign investment in industrial directory and other conditions, can enjoy the import of equipment for their own use in accordance with the provisions of the tariff-free policy. Implementation of preferential tax policies for foreign investors investing in China's bond market and other financial markets.
(viii) Increase financial support. Encourage financial institutions to provide high-quality financial services and financing support for qualified foreign-invested projects in accordance with market-oriented principles. Support qualified foreign-invested enterprises to issue RMB bonds in the territory to finance and use for domestic investment projects. Promote the implementation of the policy of facilitating foreign exchange management for cross-border trade and investment, and continuously enhance the convenience of foreign exchange business for foreign-invested enterprises.
(ix) Strengthening energy security. Improve the regulation of total energy consumption and intensity, focus on controlling fossil energy consumption, implement the policies of excluding raw material energy and non-fossil energy consumption from the control of total energy consumption and intensity, and guarantee the reasonable energy needs of foreign-invested projects on a non-discriminatory basis. Accelerate the promotion of green certificate trading and inter-provincial green power trading to better meet the green power needs of foreign-invested enterprises.
(j) Supporting the undertaking of industrial transfer in the central, western and northeastern regions. Encourage the central and western and northeastern regions to give full play to their local comparative advantages, and formulate policies and measures to reduce the costs of land, energy, labor, logistics and other costs for manufacturing enterprises according to local conditions. In the central and western and northeastern planning and integration of key development zones, and eastern regions to carry out foreign investment in industrial transfer cooperation, the establishment of sound project promotion, cadre exchanges, revenue-sharing mechanism and implementation of the rules.
Three, optimize the environment for fair competition, and do a good job in serving foreign-invested enterprises
(k) clean up the acts and policy measures that violate fair competition. It will promptly deal with discriminatory acts against foreign-invested enterprises in government procurement, bidding and tendering, qualification licensing, standard-setting, and enjoyment of subsidies reflected by business entities, and notify and rectify the responsible entities within a certain period of time. Accelerating the formulation and introduction of government procurement standards for domestic products, and treating products produced by domestic and foreign-invested enterprises that comply with the standards equally and equally in government procurement activities. Comprehensively clean up policies and measures that impede a unified market and fair competition.
(xii) Improving the bidding and tendering system. Accelerate the revision of the Bidding and Tendering Law. Organize and carry out special treatment of outstanding problems in the field of bidding and tendering, focus on rectifying a number of problems that have been strongly reacted to by business entities, and break down unreasonable restrictions that limit equal participation in bidding and tendering by enterprises of all types of ownership. It has formulated rules for fair competition review in the field of bidding and tendering, strengthened the rigid constraints on fair competition review, and avoided the introduction of policy documents that exclude and restrict fair competition.
(xiii) Fair participation in standardization and revision. Support foreign-invested enterprises to participate in the same conditions in advanced manufacturing, engineering materials, information and communications standardization technical committees or related standardization organizations, and equal participation in the formulation and revision of standards in accordance with the law. Timely disclosure of information on national standards, improve the transparency and openness of standardization work.
(xiv) improve the scientific level of administrative law enforcement. Strictly implement the administrative law enforcement publicity system, strictly implement the list of administrative inspection matters, resolutely avoid duplication of inspections, timely correction of irregular administrative law enforcement behavior, and gradually implement remote supervision, early warning and prevention and control as the main features of off-site supervision.
(15) Continuously building the "Invest in China" brand. Relying on the platform of important exhibitions, we will carry out key investment promotion activities under the "Invest in China" campaign to show overseas investors China's high-quality business environment and investment opportunities in an all-round way. It will establish a sound working mechanism, give full play to the role of business organizations of embassies and consulates abroad, and support localities in combining "going out" and "inviting in" to carry out investment promotion work on a regular basis. Organize docking activities for international industrial investment cooperation, and promote more project negotiations and signing.
(16) Strengthening services for foreign-invested enterprises. Make good use of platforms such as the Round Table Conference of Foreign-invested Enterprises, deepen regular exchanges with foreign-invested enterprises, foreign chambers of commerce and associations, and international organizations, respond to the concerns of all parties in a timely manner, and do a good job of targeting services and guarantees. It will improve the inter-departmental coordination mechanism for complaints from foreign-invested enterprises at all levels, improve the system of direct contact with foreign-invested enterprises, smooth communication channels, and promptly understand and promote the resolution of problems and reasonable demands reflected by foreign-invested enterprises. Implementing the foreign investment information reporting system, continuing to promote sectoral data sharing, and not requiring foreign-invested enterprises to repeatedly report information that can be obtained through sectoral information sharing.
IV. Smooth the flow of innovation factors and promote innovation cooperation between domestic and foreign-invested enterprises
(17) Supporting the flow of data between foreign-invested enterprises and their headquarters. Regulate the cross-border security management of data, organize and carry out data exit security assessment, regulate the filing of standard contracts for personal information exit and other related work, and promote the cross-border safe and orderly flow of data on R&D, production and sales of foreign-invested enterprises. Formulate Guangdong, Hong Kong and Macao Greater Bay Area cross-border data transfer standards, relying on the Hengqin Guangdong-Macao Deep Cooperation Zone, Qianhai Shenzhen-Hong Kong Relying on major cooperation platforms such as the Hengqin Guangdong-Macao Deep Cooperation Zone and the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, a mechanism for the cross-border flow of data among Hong Kong and Macao enterprises has been established, and a "white list" system for cross-border data flow has been explored, so as to steadily promote the realization of a convenient flow of data within the Guangdong-Hong Kong-Macao Greater Bay Area.
(xviii) Facilitating the exchange of international business people. To facilitate foreign businessmen in applying for visas to China, the validity period of visas for foreign-invested enterprises' management personnel, technical personnel and their accompanying spouses and minor children will be relaxed to two years. Promote the accelerated resumption of the number of international flights at key aviation hubs such as Beijing, Shanghai and Guangzhou.
(19) Optimizing the management of foreigners' work and residence permits in China. Optimizing the process of handling work permits for foreigners coming to China and residence permits for work, adopting the method of "one acceptance, parallel examination and approval" to form a faster and more efficient examination and approval mechanism. Strengthening departmental coordination to facilitate the introduction of foreign talents to work, stop their residence in China and take up permanent residence in China.
(20) Supporting cooperation and innovation between domestic and foreign organizations. Deepen the implementation of international scientific and technological cooperation programs in the new situation, and support foreign-invested enterprises, foreign-funded R&D institutions and multinational corporations set up in China to participate equally in national scientific and technological programs, such as the National Key R&D Program and the National Scientific and Technological Major Special Projects.
V. Improving domestic regulations and better connecting with international high-standard economic and trade rules
(21) Strengthening the protection of intellectual property rights. It will buttress international high-standard intellectual property rules, improve intellectual property protection regulations, accelerate the construction of the national information platform for intellectual property protection, strengthen the construction of the trade secret protection system, and deeply implement the work program for the administrative protection of intellectual property. Focusing on key areas and key links, it will increase the protection of intellectual property rights of foreign-invested enterprises. It will intensify its efforts to investigate and handle cases of intellectual property infringement, and resolutely crack down on and punish infringement of intellectual property rights of foreign-invested enterprises.
(xxii) Improving rules on cross-border flow of data. Scientifically define the scope of important data. Participate fully and deeply in the World Trade Organization's e-commerce negotiations, and promote the accelerated construction of global digital trade rules. Explore pilot projects on cross-border flow of data with members of the Digital Economy Partnership Agreement, accelerate the establishment of cooperation mechanisms on cross-border flow of data with countries and regions that are major economic and trade partners, and promote the construction of a multi-level global digital partnership network.
(xxiii) Actively promoting the negotiation and implementation of high-standard economic and trade agreements. Actively promote accession to the Comprehensive and Progressive Trans-Pacific Partnership Agreement and the Digital Economy Partnership Agreement, take the initiative to push forward domestic reforms in the relevant fields against the relevant rules, regulations, management and standards, and push forward the incorporation of some of the high-standard economic and trade rules into the Arrangement on the Establishment of a Closer Economic and Trade Relationship between the Mainland, Hong Kong and Macao. It will also promote the signing of free trade agreements with more countries and regions, and expand the network of high-standard free trade zones for the whole world.
(xxiv) Increasing pilot efforts to buttress international high-standard economic and trade rules. Give full play to the leading role of the national comprehensive demonstration zone for the expansion and opening up of the service industry, accurately docking the needs of industrial development, and take the lead in building an open system for the service industry that is in line with the international high-standard economic and trade rules, and in due course, docking in the comprehensive pilot areas for the expansion and opening up of the service industry in a gradual manner. Support conditional pilot free trade zones, Hainan Free Trade Port based on national conditions, docking international high-standard economic and trade rules, take the lead in exploring the implementation of the World Trade Organization domestic regulation of trade in services, investment facilitation, digital trade and other areas of negotiation results.
Regions and departments should deeply implement the requirements of the CPC Central Committee and the State Council on the deployment of expanding the high level of opening up to the outside world, take the initiative to act, pay close attention to the implementation, and effectively enhance the sense of foreign-invested enterprises. All regions should make greater efforts to create an environment and improve services, take the practical problems of foreign-invested enterprises as a breakthrough, and be good at solving contradictions with innovative thinking to consolidate the confidence of foreign investors in China. All departments should grasp the details of the tasks, formulate timetables and roadmaps, and promote the implementation of policy initiatives. The National Development and Reform Commission, in conjunction with relevant departments, should strengthen guidance and coordination, track and assess the effectiveness of the implementation of various policies, and summarize the experience, replication and promotion in due course. Significant matters in a timely manner to the Party Central Committee and the State Council for instructions and reports.
