The Beijing Municipal Bureau of Commerce issued a notice on the issuance of the “Beijing High-Level Open Economic Development Plan for the Fifteenth Five-Year Plan”. It points out that the reform of the foreign investment promotion system should be deepened to guarantee the national treatment of foreign-funded enterprises in terms of factor acquisition, qualification licensing, standard setting, and government procurement. Implement “entry and approval”, improve service mechanisms for key foreign investment projects, strengthen full-process services such as project negotiation, signing, registration and operation, and accelerate the construction of an important global investment destination. Expand diversified sources of investment and guide foreign investment to optimize the industrial layout. Encourage and guide foreign-invested enterprises to reinvest domestically. Promote foreign-funded enterprises to speed up localized production and participate in supporting collaboration upstream and downstream of the industrial chain. Support multinational companies to establish regional headquarters in Beijing. Support foreign-funded enterprises to set up investment companies, R&D centers, etc.

The Beijing Municipal Bureau of Commerce issued a notice on the issuance of the “Beijing High-Level Open Economic Development Plan for the Fifteenth Five-Year Plan”. It points out that the reform of the foreign investment promotion system should be deepened to guarantee the national treatment of foreign-funded enterprises in terms of factor acquisition, qualification licensing, standard setting, and government procurement. Implement “entry and approval”, improve service mechanisms for key foreign investment projects, strengthen full-process services such as project negotiation, signing, registration and operation, and accelerate the construction of an important global investment destination. Expand diversified sources of investment and guide foreign investment to optimize the industrial layout. Encourage and guide foreign-invested enterprises to reinvest domestically. Promote foreign-funded enterprises to speed up localized production and participate in supporting collaboration upstream and downstream of the industrial chain. Support multinational companies to establish regional headquarters in Beijing. Support foreign-funded enterprises to set up investment companies, R&D centers, etc.