China will expand the catalogue of industries that encourage foreign investment, unveil a new group of major foreign-invested projects and make its visa-free transit policies more open.
China will step up its efforts to align with high-standard international economic and trade rules, continue to expand market access, and implement measures to ensure national treatment for foreign-funded enterprises, Premier Li Qiang said on Wednesday in Guangzhou, Guangdong province.
In order to open up further to the world, China will build on a first-class business environment that is market-oriented, based on rule of law and internationalized, top legislator Zhao Leji said, adding that the country will also shorten the negative list for foreign investment.
China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday.
The central government has published a wide-ranging policy document to facilitate the green transformation of China's mammoth manufacturing sector, highlighting the need to accelerate the green and low-carbon transition of the nation's traditional industries.
