In order to open up further to the world, China will build on a first-class business environment that is market-oriented, based on rule of law and internationalized.
China is expanding its investment scope for foreign investors with steps to revise the encouraged industries catalog and shorten the negative list for foreign investment, offering more business opportunities for global stakeholders, officials said on Wednesday.
China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday.
The State Council, China's Cabinet, has rolled out a host of measures to enhance the resilience and competitiveness of industrial and supply chains and build up the nation's digital economy, as part of broader steps to bolster the development of "new quality productive forces".
The central government has published a wide-ranging policy document to facilitate the green transformation of China's mammoth manufacturing sector, highlighting the need to accelerate the green and low-carbon transition of the nation's traditional industries.
China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment, the Ministry of Commerce said on Wednesday.
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