September 16, 2020 Wednesday

Recent Foreign Policy Highlights (2024.09.18)

Information source: Foreign investment class Release time: 2024-09-19

  1. The General Office of the State Council issued the Opinions on Promoting High-quality Development of Trade in Services through High-level Opening Up

  The Opinions put forward 20 key tasks in five areas:

  First, promote the institution-based opening up of trade in services, establish and improve the negative list management system for cross-border trade in services, give play to the leading role of open platforms, strengthen the docking of rules and regulation coordination, and improve the standardization level of trade in services。

  Second, we will promote the cross-border flow of resource factors, facilitate the cross-border flow of professionals, optimize the management of cross-border capital flows, promote the trading and application of technological achievements, and promote the efficient, convenient and secure cross-border flow of data。

  Third, we will promote innovative development in key areas,Enhance international transport service capacity,Enhance the international competitiveness of travel services,Support the international development of professional services such as finance, consulting, design, certification and accreditation,We will encourage the export of services with traditional advantages,We will promote integrated development of trade in services and goods,We will expand imports of quality services,Promoting green and low-carbon development。

  Fourth, expand the layout of the international market, deepen international cooperation in trade in services, and establish a sound system for promoting trade in services。

  Fifth, improve the supporting system, innovate supporting policies and measures, improve the level of statistics and monitoring of trade in services, and strengthen regional cooperation on trade in services。

  Source: General Office of the State Council

  2. The State Administration of Market Regulation issued the Key Measures for Market Supervision Departments to Optimize the Business Environment (2024 version).

  In terms of enhancing the internationalization of the business environment, the "Key Measures" focus on actively docking international commercial rules, actively responding to the demands of foreign-invested enterprises to facilitate business and fair competition in China, creating a more attractive investment environment, and continuing to build the "invest in China" brand。

  The "Key measures" mainly put forward targeted measures from the aspects of optimizing the registration management of foreign-invested enterprises, giving full play to the role of the reform highland of the pilot free trade zone, deepening the institutional opening up in the field of competition, giving play to the guarantee role of standards in expanding high-level opening up, and accelerating the high-level opening up of China's certification and accreditation,We will promote institutional openness in rules, regulations, management and standards,Further build an international business environment。

  Specific measures mainly include: adjustment and optimization of foreign (regional) investors notarial certification process materials,Expand channels for real-name registration of foreign (regional) investors,Support local governments in exploring electronic registration of foreign-invested enterprises,Optimize the registration process of foreign-invested enterprises,Improve policies and measures,Guide foreign-invested enterprises to adjust their organizational forms and structures in a timely manner according to law;We will support the integration of high-standard international economic and trade rules in qualified pilot free trade zones and pilot free trade ports,We will explore and introduce a number of gold-bearing measures,Promote the pilot free trade zone to achieve a greater degree of institutional reform and opening up;Promote international breakthroughs in important standards,Standard "going out" to help technology, products, engineering, services "going out";We will support local governments in proactively planning foreign cooperation priorities in the field of certification and accreditation,Create a certification and recognition service chain deeply integrated with the industrial chain and supply chain,Better serve high-quality development and a high level of security。

  Source: State Administration for Market Regulation

  3. Several Measures to Promote the High-quality Development of the Hong Kong-Macao Youth Innovation and Entrepreneurship Center at Shenzhen North Railway Station was issued

  The "Several Measures" aim to fully support the construction of Hong Kong-Macao Youth Innovation and Entrepreneurship Center at Shenzhen North Railway Station,We will strive to build it into a demonstration zone for Hong Kong and Macao youth innovation and entrepreneurship in the city, the province and even the whole country,To provide new opportunities for young people from Hong Kong and Macao to come to Longhua for innovation and entrepreneurship,And comprehensively enhance the sense of national identity, cultural belonging and happiness of life of young people in Hong Kong and Macao。

  In support of the introduction of landing,Hong Kong and Macao young enterprises settled in the center,Since the date of settlement,Rent, property management fees and utilities are waived for the first and second years,50% discount on rent, property management fees and utilities in the third year, 30% discount on rent, property management fees and utilities in the fourth year;Young enterprises in Hong Kong and Macao that meet the conditions for settling in will be granted a settlement subsidy of 100,000 to 300,000 yuan。

  Source: Shenzhen Longhua District Science and Technology Innovation Bureau

  4. The three departments of the State plan to allow the establishment of wholly foreign-owned hospitals in Shenzhen and other places

  The Ministry of Commerce, the National Health Commission and the State Food and Drug Administration recently issued a notice to clarify the pilot work of expanding opening-up in the medical field。

  In the field of biotechnology,As of the date of issuance of the notice,In the China (Beijing) Pilot Free Trade Zone, China (Shanghai) Pilot Free Trade Zone, China (Guangdong) Pilot Free Trade Zone and Hainan Free Trade Port, foreign-invested enterprises are allowed to engage in human stem cell, gene diagnosis and treatment technology development and technology application,For product registration and production。All registered and approved products can be used nationwide。The foreign-invested enterprises to be piloted shall comply with the relevant laws and administrative regulations of China, comply with the requirements of human genetic resources management, drug clinical trials (including international multi-center clinical trials), drug registration and listing, drug production, ethical review and other regulations, and perform the relevant management procedures。

  In the field of wholly-owned hospitals, it is proposed to allow the establishment of wholly-foreign-owned hospitals in Beijing, Tianjin, Shanghai, Nanjing, Suzhou, Fuzhou, Guangzhou, Shenzhen and the whole island of Hainan (except Chinese medicine, excluding the acquisition of public hospitals).。The specific conditions, requirements and procedures for the establishment of a WFOE hospital will be notified separately。

  Source: Ministry of Commerce

  5. The National Development and Reform Commission and the Ministry of Commerce issued the "Special Administrative Measures for Foreign Investment Access (Negative List) (2024 Edition)"

  In recent years,China continues to widen access for foreign investment,From 2017 to 2021, the negative list for foreign investment access in the national and pilot free trade zones was revised for five consecutive years,Restrictions on the two lists were reduced from 93 and 122 to 31 and 27 respectively,A series of major opening-up measures have been introduced in the manufacturing, mining, agriculture and financial sectors。

  Compared to the 2021 version,The 2024 version of the national negative list for foreign investment access has removed the only two remaining restrictions in the manufacturing sector,First, "Publication printing must be controlled by the Chinese side",Second, "It is prohibited to invest in the application of processing technologies such as steaming, stir-frying, broiling, and calcining of TCM decoction pieces and the production of confidential prescription products of proprietary Chinese medicine."。

  After the revision of this negative list, the restrictions on foreign investment access in China's manufacturing sector have been "zero", and new progress has been made in high-level opening up, fully demonstrating China's positive willingness to expand international cooperation and its clear attitude to support economic globalization。

  Source: National Development and Reform Commission

  6. The Ministry of Industry and Information Technology issued the Interim Measures for the Administration of Sino-Foreign SME Cooperation Zones

  The Sino-foreign SME cooperation zone is an industrial agglomeration area with small and medium-sized enterprises as the main body, located in the prefecture-level administrative division, with a strong demonstration effect in terms of opening up and cooperation, scientific and feasible development planning, outstanding innovation ability, and efficient governance services。

  The Interim Measures make it clear that the application cooperation zone must meet the relevant requirements in terms of development planning, opening and cooperation level, innovation ability, high-quality small and medium-sized enterprise cultivation, and management service efficiency。On the level of openness and cooperation,The Interim Measures clearly require the cooperation zone to have no less than 10 foreign capital or joint ventures,The growth rate of foreign direct investment or export volume was higher than the average level of the province (autonomous region or municipality) in the past three years,Establish a stable and practical cooperation mechanism with overseas parks or institutions,Set up overseas branches or overseas liaison stations。International trade channels are smooth, international market docking, capacity sharing, technical cooperation and personnel exchanges are carried out on a regular basis, industrial agglomeration effect is obvious, related products are of high quality, have a certain international brand awareness, and are deeply integrated into the global industrial chain supply chain value chain。

  Source: Ministry of Industry and Information Technology

  7, Shenzhen Guangming District Development and Reform Bureau issued "Guangming District in 2024 to optimize the business environment reform Key points"

  The Key Points of Work put forward a total of 52 measures in three major areas,In the enhancement of foreign service efficiency,The Key points of Work put forward: Strengthen the policy publicity and interpretation for foreign-funded enterprises,We will guide foreign investment in key development areas such as advanced manufacturing, strategic emerging industries, and industries of the future,Support the establishment of foreign R&D, operation and sales institutions;Relying on Shenzhen foreign-invested enterprises rights protection service workstation,Improve the foreign-related service network,Improve the coverage and quality of foreign-related services;We will improve the mechanism for protecting the rights and interests of foreign-invested enterprises,Smooth channels for foreign investors to complain,Protecting the legitimate rights and interests of foreign investment;We will provide more services for major foreign-funded projects,We will accelerate the actual utilization of foreign capital in projects。In 2024, the actual utilization of foreign capital will reach 400 million yuan。

  Source: Guangming District Development and Reform Bureau of Shenzhen


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