CCTV News: On February 10, the State Council Executive Meeting reviewed and passed the "2025 Action Plan for Stabilizing Foreign Investment". The meeting proposed that foreign-funded enterprises play an important role in absorbing employment, stabilizing exports, and promoting industrial upgrading. They should take more pragmatic and effective measures to stabilize the stock and expand the increase.

Implement the requirements for comprehensively canceling foreign investment access restrictions in the manufacturing industry

The meeting proposed that it is necessary to expand independent opening up in an orderly manner, deepen the pilot program of opening up in related fields, implement the requirements for comprehensively canceling foreign investment access restrictions in the manufacturing industry, optimize the national comprehensive pilot demonstration of expanding the opening up of the service industry, and expand the scope of industries that encourage foreign investment. Since 2024, my country has successively introduced measures to expand independent opening-up in the fields of value-added telecommunications, medical care, etc., and has completely cancelled restrictions on foreign investment access in the manufacturing sector. The national restrictions on foreign investment access from 31 to 29.

Continue to build the "Invest in China" brand and attract foreign capital with high quality

The meeting made it clear that it is necessary to continue to build the "Invest in China" brand, increase support for domestic reinvestment of foreign enterprises, encourage foreign capital to carry out equity investment in China, and optimize foreign capital M&A rules and M&A transaction procedures.

A new batch of major foreign-invested projects is accelerating its implementation: the largest number in history, with a planned investment of US$33 billion. Since this year, a number of major foreign-invested projects have been intensively accelerated their implementation and construction.

A new batch of major foreign-invested projects in the country were launched not long ago, including 15 projects including the second phase of Fujian Gulei Refining and Chemical Integration Project, Suzhou Bosch New Energy Vehicle Core Components Manufacturing Base, Hefei Volkswagen R&D Center, etc., with the largest number in history, with a total planned investment of US$33 billion.

The new batch of major foreign-invested projects have outstanding characteristics of high-end, intelligent and green, including traditional manufacturing industries such as chemicals, automobiles, and machinery, as well as service industries such as R&D centers. They will play an active role in driving my country's import and export trade and promoting industrial transformation and upgrading.

Hua Zhong, deputy director of the Foreign Investment Department of the National Development and Reform Commission, said: "We will also combine special actions to serve foreign-invested enterprises to enter major foreign-invested enterprises to adopt more flexible and efficient factor guarantee methods to provide full-process tracking services for landmark major foreign-invested projects and promote the accelerated implementation of projects."

This year, relevant departments will revise and issue a new version of the "Catalogue of Industries Encouraging Foreign Investment", continue to carry out a series of activities of "Investing in China", guide foreign investment to invest more in advanced manufacturing, modern services, high-tech, energy conservation and environmental protection, and take effective measures to encourage foreign-invested enterprises to reinvest domestically, and promote the continuous optimization of my country's investment attraction structure.