I. Framework and Content

Underlying principle: To draw upon advanced practices that align with national policies, municipal legislation concerning foreign investment, and Plan 2.0 for Greater Openness in the Services Sector, to highlight Beijing's unique features, explore further opportunities for innovation, and focus on the market demand. The Several Measures for Further Optimizing the Foreign Investment Environment and Making Greater Efforts to Attract Foreign Investment to Beijing (or the Measures for short) comprise a comprehensive policy for stabilizing foreign investment.

The first part of the Measures introduces general requirements.

The second part focuses on utilizing foreign investment more effectively. This includes increasing efforts to attract foreign investment in crucial sectors, leveraging the demonstration and leading role of the construction of "Two Zones", expanding channels for foreign investment, supporting enterprises in orderly relocation, and refining the existing mechanisms for the development of foreign-funded projects.

The third part focuses on guaranteeing fair treatment for foreign-funded enterprises by allowing their participation in government procurement activities within the boundaries of legislation, facilitating greater involvement in the adoption of standards, and ensuring access to equal support.

The fourth part focuses on enhancing the security of foreign investment by refining the existing mechanisms that protect the rights and interests of foreign investors, optimizing intellectual property frameworks, and bolstering this protection in critical sectors.

The fifth part focuses on enhancing the ease of doing business as it relates to foreign investment by refining stay and residence policies for foreign employees in foreign-funded enterprises, enhancing living services for foreign investors, piloting initiatives to explore safety management systems for streamlined cross-border data flow, easing cross-border capital flow for foreign-funded enterprises within the boundaries of legislation, streamlining law enforcement and inspections, and optimizing the provision of services to them.

The sixth part focuses on improving fiscal backing and support with taxation by reinforcing financial assurances that promote foreign investment, encouraging foreign-funded reinvestment in China, implementing preferential tax policies, and supporting investment in sectors of priority to the State.

The seventh part focuses on enhancing the methods employed to promote foreign investment by refining work systems, actively conducting promotional activities, improving promotional efforts abroad, broadening promotional channels, and optimizing the assessment of promotional activities.

The eighth part centers around strengthening organization and practical implementation.

II. Policy Features

First, the policies are formulated with a wider scope and at a deeper level. They involve the collaboration of more than 30 departments to ensure the full implementation of the provisions and requirements outlined in the Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Making Greater Efforts to Attract Foreign Investment. They take into account new areas of openness and the development of the "Two Zones" while leveraging the latest policies on the protection of intellectual property rights, the facilitation of foreign exchange, and the recruitment of high-end talent.

Second, the policies are oriented towards demand. They highlight essential needs and the policy interests shared by foreign investors, improve the services and resources available for investment and its protection, and satisfy the needs of multinational companies for global operation and for expanding the emerging businesses, stabilize foreign investors’ expectations and bolster their confidence.

Third, the policies aim to explore further opportunities for innovation. The Measures propose innovative strategies that play to the strengths of Beijing as a leader in international economic and trade policies of ever greater institutional and regulatory openness with the highest management standards. Finally, the document also outlines pilot tasks for Beijing to explore safety management systems for streamlined cross-border flow of data.

Fourth, the policies are more aligned to the existing regulatory policies.