Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 18 (Xinhua) — China has introduced new measures to encourage reinvestment by foreign-funded enterprises, according to a circular jointly issued by seven government bodies including the National Development and Reform Commission (NDRC).
According to the circular, the measures cover a wide range of areas, including improving the quality of project support services, simplifying the procedure for setting up new enterprises with reinvestment, and introducing innovative financial products and services.
These efforts are aimed at helping foreign-funded companies expand their presence and achieve long-term development in the Chinese market, the SCRR said.
The circular clarifies the scope of the incentive measures and sets out requirements for launching pilot programs for reporting investment information of foreign-invested companies, strengthening information sharing among departments and improving assessment methods to encourage foreign investment. –0–
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