China takes steps to boost foreign direct investment

Visitors take photos at the Universal Beijing Resort as the Universal Studios theme park opens to the general public on Sept 20, 2021. - IC

BEIJING (China Daily/Asia News Network): China will expand items in the industry catalog that encourages foreign investment, and further beef up preferential land and tax policies, to guide the flow of more foreign capital into fields such as advanced manufacturing, modern services, high technology and digital economy, as well as to central and western regions of the nation, officials said on Tuesday (Jan 25).

The nation is also very confident about the stable operation of foreign trade, although facing uncertainties in both demand and supply, they said at a news briefing in Beijing.