China State Council issues guidelines in bid to increase foreign investment

📆 8/13/2023 5:09 AM
📰 ChannelNewsAsia

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BEIJING :China's State Council issued guidelines on Sunday that it said would further optimize the country's foreign investment environment and attract more foreign investment.The State Council said in a document containing 24 guidelines that authorities should increase protection of the rights and interests

BEIJING :China's State Council issued guidelines on Sunday that it said would further optimize the country's foreign investment environment and attract more foreign investment.

The document also announced guidelines to increase fiscal support and tax incentives for foreign-invested enterprises, such as temporarily exempting withholding income tax for foreign investors' reinvestment of their profits into China.

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China state council says it issues guidelines to optimise foreign investment environmentBEIJING : China's State Council said it issued guidelines on Sunday to further optimize the country's foreign investment environment and attract more foreign investment.The State Council said in a document that authorities should increase protection of the rights and interests of foreign investors, includ
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