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A few days ago, the reporter learned from the website of the National Development and Reform Commission that the "Catalogue of Industries Encouraging Foreign Investment (2020 Edition)" (hereinafter referred to as the "Catalogue") jointly revised by the National Development and Reform Commission and the Ministry of Commerce has been released to the public.
It is understood that foreign investment projects that belong to the "Catalogue of Industries Encouraged for Foreign Investment (2020 Edition)" can enjoy preferential treatment such as taxation and land use in accordance with laws, administrative regulations or the provisions of the State Council
At present, foreign-invested enterprises have created about 1/4 of China’s industrial output, 1/5 of taxation and 1/15 of employment.