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China Intends To Abolish Preferential Policies For Foreign Investment

2011/9/28 12:58:00 27

China Intends To Abolish Preferential Policies For Foreign Investment

China is revising the catalogue of foreign investment industry guidance, and will gradually eliminate the preferential treatment of attracting foreign investment in the past. policy Instead, it encourages capital to enter the Midwest and offers preferential treatment to high-tech industries and services.
  
According to the report, China's national development and Reform Commission and Ministry of commerce are collecting relevant departments to study the new catalogue of foreign investment industry guidance, which will further eliminate the preferential measures against foreign investment and encourage "three identities", that is, industrial identity, regional identity and project identification.
  
Zhang Xiaoqiang, deputy director of the China Development and Reform Commission, said that China is now revising the new guidance list for foreign investment industry. On the basis of soliciting opinions from all sides, it will be submitted to the State Council for examination and approval after its finalization. It is hoped that it will be published in the year 12th Five-Year.
  
In addition, Yao Zhizhong, director of the International Investment Research Institute of the Institute of world economics and politics of the Chinese Academy of Social Sciences, said that in the past, due to the lack of foreign exchange and domestic funds, plus the lack of technical capability, China had to increase employment and output and attract foreign investment to see its status. foreign capital Give a discount.
  
But in the future, China's policy of attracting foreign investment will further "de identity", that is, it will no longer give preferential treatment only because of its foreign capital status. China's policy of attracting foreign investment has changed. On the one hand, it has relaxed the control of foreign investment in China. On the other hand, it has only encouraged highly efficient foreign-funded enterprises. Discount 。

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