To support the development of Guiyang Big Data Sci-tech Innovation City, the Guian New Area in Southwest China's Guizhou province recently released a number of policies to encourage companies to locate their operations there.
Since the start of this year, FDI in China has reached a record high for the same period. As China remains attractive to foreign investment, let's take a look at the data from January to September.
An industrial park co-construction trial plan for Guiyang and Guian New Area in Southwest China's Guizhou province was recently released, encouraging six districts, the county-level city of Qingzhen, and four State-level development zones to establish industrial parks in Guian.
In 2021, China is ramping up efforts to cut taxes and support the real economy. Preferential policies released in the first half will be extended to the end of the year.
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery.
The National Development and Reform Commission and the Ministry of Commerce released a revised industry catalog on Dec 28, 2020, that identifies more sectors encouraging foreign investment.
