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USCBC Comments on Revising the Catalogue of Encouraged Foreign Investment Industries
The US-China Business Council (USCBC) welcomes the measures taken by the Ministry of Commerce and the National Development and Reform Commission and other relevant departments to revise the Catalogue of Encouraged Foreign Investment (hereinafter referred to as the Catalogue) and further expand the scope of foreign investment. While the 2019 version of the Catalogue also expanded the areas where foreign enterprises are encouraged to invest in and further supported investments in high-end manufacturing, USCBC believes a few additional industries may also be worthy of consideration. The Council would like to use this opportunity to address these potential considerations and submit brief summaries of issues encountered by our member companies to relevant decision-making bodies as references.
