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#China will further improve the utilization of #foreign investment with 20 new opinions in 4 aspects to safeguard a more fair, transparent and predictable #business environment for foreign-invested enterprises. http://ow.ly/Xyvl50x4RLu pic.twitter.com/N7LAkVKmFC
Aspect 1: To open up more sectors to foreign investors, continue to reduce the negative list for foreign investment across the nation and regions beyond pilot free trade zones, and eliminate restrictions that are not on the negative list.
Aspect 2: Move faster to further open up the financial industry, eliminate all restrictions on the scope of business for foreign banks, securities companies and fund management companies, and remove requirements on total assets for the establishment of foreign-funded banks.
Aspect 3: To optimize Policies on foreign investment in the automotive industry, to ensure equal market access for domestic and foreign automobile enterprises in manufacturing new energy vehicles.
Aspect 4: To build a fair business environment. take more efforts to eliminate institutional obstacles, unify business scope for domestic and foreign enterprises, and perfect the regulations for foreign investors in offering internet and entertainment services.
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