The Directory of Industries to Encourage Foreign Investment (2020 Edition) was published

The National Development and Reform Commission and the Ministry of Commerce on the 28th publicly released the "Encouraging Foreign Investment Industry Directory (2020 Edition)", effective January 27, 2021.
high-performance coatings, high solids, solvent-free coatings and supporting resins, water-based industrial coatings and supporting water-based resins are included in the "Encouraging Foreign Investment Industry Catalog (2020 Edition)."
1235 items in the 2020 edition, an increase of 127 and 88 amendments compared with the 2019 edition, further expanding the scope of encouraging foreign investment.
, the whole country encouraged foreign investment in the industry directory 480, increased 65, revised 51, the central and western regions of the foreign investment advantage industry directory 755, increased 62, revised 37.
changes include: First, to further play the positive role of foreign investment in the supply chain of the industrial chain.
the national catalogue continues to take manufacturing as the key direction to encourage foreign investment, according to the "investment supplement chain" "investment chain" "investment expansion chain" guidance to increase the relevant content.
raw materials, new or modified high-purity electron-grade hydrofluoric acid, hydrogen fluoride, special glass fiber, polarizing film substation, diffusion film, mask version, polyethylene polyamine, high-performance fiber and other entries.
parts, new or modified high-pressure vacuum components, special valves, special bearings, special glass, wheel speed sensors and other entries.
end product area, new or modified integrated circuit test equipment, L3/L4/L5 self-driving hardware, laser projection equipment, Ultra HD TV, ventilator, ECMO, artificial intelligence-assisted medical equipment and other entries.
is to further encourage foreign investment in productive services.
national catalogue will promote the integration and development of services and manufacturing industry as one of the key points of this revision, in the expansion of opening up to develop new industries and new infrastructure construction.
research and development design field, new or modified fifth-generation mobile communication technology research and development, blockchain technology development, sewage treatment facilities design and other items.
business services, new high-end equipment maintenance, digital production line transformation and integration and other items.
the field of modern logistics, new or modified cross-border e-commerce retail, commodity import and export distribution center, community chain distribution and other items.
information services, new online education, online medical, online office and other items.
is to further encourage foreign investment in the central and western regions.
the Central and Western regions, according to the opinions of the relevant provinces (regions and cities), appropriately add entries to promote regional open economic development and export-oriented industrial clusters.
new entries in Heilongjiang, Yunnan and other provinces, such as agricultural products processing, tourism development and so on.
added medical equipment, anti-epidemic protection supplies, API production and other items in Henan, Shaanxi, Guangxi and other provinces.
added semiconductor materials, graphene, industrial ceramics and other items in Hubei, Sichuan, Chongqing and other provinces.
new entries for vocational colleges in Liaoning, Anhui, Hunan and other provinces.
new trade, shipping, finance, tourism and other related items in Hainan to support the construction of Hainan Free Trade Port.
"Encouraging Foreign Investment Directory" is an important foreign investment promotion policy in China.
The relevant preferential policies mainly include: First, the import of self-use equipment within the total investment of foreign investment projects, in addition to the "import of non-tax-exempt major technical equipment and product catalog" "foreign investment projects are not duty-free import catalogue", the implementation of duty-free policy; Foreign-invested enterprises that encourage such industries shall be subject to enterprise income tax at a reduced rate of 15%, and thirdly, priority shall be given to the supply of land for foreign-invested industrial projects in the incentive category of intensive land use, which may be implemented at a minimum price of 70% corresponding to the national minimum price for the transfer of industrial land, etc., when determining the land transfer floor price.
can be logged in or the Paint Industry Online App is available in the Library module - Policy and Regulations - to view the full text of the List of Industries That Encourage Foreign Investment (2020 Edition).
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