Opening Up
The General Office of the State Council, China’s highest state administrative organ, has issued an action plan to steadily promote high-level opening up and make greater efforts to attract and utilize foreign investment.
To attract and utilize foreign investment more vigorously, the action plan underscores the importance to fully, accurately and comprehensively implement the new development philosophy featuring innovative, coordinated, green, open and shared development, and to create a market-oriented, law-based and internationalized first-class business environment that will boost foreign investors’ confidence in their ability to develop in China.
The plan proposes 24 measures across five aspects, including expanding market access, enhancing appeal
