Chinese Policymakers Court Foreign Investment with New Action Plan

Key Takeaways

• Following a steep contraction in foreign direct investment last year, China’s central government recently unveiled a new plan to expand market access and identify priority sectors for foreign investment.
• The plan highlights a mix of familiar and new opportunities in equity markets, services, and biomedicine, among other sectors, and aligns with China’s ongoing goal of supporting high-quality development. It was released in conjunction with a three-year plan for the consumer market that promotes similar objectives.
• USCBC anticipates more policy details could be announced around the upcoming “two sessions” and China Development Forum in March.