Vice Minister of Commerce Wang Chao said at the "Two Rivers Forum" that China will take the "Twelfth Five-Year Plan" as an opportunity to further improve relevant policies and better guide foreign investment in strategic emerging industries such as high-tech, energy conservation and environmental protection. Foreign investment methods to improve the soft environment for investment. Wang Chao said that in the first five months of this year, China actually used foreign capital of 48 billion US dollars, a year-on-year increase of 23.4%. The structure and region of foreign investment have shown gratifying changes. Foreign investment in modern service industries, high-end and high value-added manufacturing industries has continued to grow. The actual use of foreign capital in the central and western regions reached US$7.2 billion, a year-on-year increase of 50%. Wang Chao said that China will further improve relevant policies and continuously improve the level of foreign investment utilization. First, it is necessary to introduce the "Guidance Catalogue for Foreign Investment Industries" as soon as possible to better guide foreign investment in strategic emerging industries such as high-tech, energy conservation and environmental protection, and be active and secure. We will promote the opening up of the service industry; second, we must enrich foreign investment methods and broaden channels for attracting investment. Encourage foreign investors to set up equity investment enterprises, guide the benign development of foreign-invested partnership enterprises, improve the legal policies for foreign-invested enterprises' equity investment, establish and improve the foreign-funded mergers and acquisitions security review mechanism, and make the M&A security review and related regulations more legal and transparent; Third, we must pay attention to improving the soft environment for investment, deepen the reform of the foreign investment management system, further decentralize the examination and approval authority, and provide services for management, maintain and strengthen communication with foreign-invested enterprises, and timely resolve their legitimate concerns to create stable, transparent, standardized and efficient Administrative environment.
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