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China has new guidelines for attracting foreign investment

2021-09-15

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Recently, the Ministry of Commerce officially issued the "14th Five-Year Plan for the Utilization of Foreign Investment Development Plan", which clarified the guiding ideology, development goals and key tasks for utilizing foreign capital during the "14th Five-Year Plan" period, and proposed a series of prospective quantitative indicators, including the cumulative actual absorption of foreign direct investment. Invest 700 billion US dollars, and by 2025, the high-tech industry will attract 30% of foreign investment.

Relevant persons pointed out that the "Plan" emphasizes greater efforts to promote high-level opening to the outside world, and more effectively attract and utilize foreign investment, and proposes measures such as reducing the negative list of foreign investment access and relaxing the access thresholds for key areas, which will provide opportunities for the use of foreign capital in the new era. The guidance will provide more opportunities and support for foreign investors to invest in China for a long time.

The scale of attracting investment hits a record high

——During the "13th five year plan" period, 204000 foreign-invested enterprises were newly established, an increase of 61.8% over the "12th Five Year Plan" period; During the "14th five year plan" period, we will firmly utilize the status of a large foreign capital country to make self-made mosaic portrait machines, interactive "story tables", personalized customized Dolls... Recently, the world's largest LEGO brand flagship store opened in Guangzhou, attracting many citizens and tourists to punch in.

"A comprehensive interactive new retail model has been introduced here, and a model with Lingnan style has been added, hoping to become a landmark play check-in point." Huang Guoqiang, senior vice president of Lego Group and general manager of China, said that in the first half of this year, the company More than 40 of the more than 60 branded retail stores opened globally are located in China. More physical store projects will be launched in the future, and the number of LEGO stores in the Chinese market will increase to 300 by the end of this year.