The Chongqing Municipal Development and Reform Commission recently issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”, which proposes 16 policy measures in three dimensions: guiding foreign investment, facilitating investment and operation, and raising the level of protection in accordance with the principle of unity of domestic and foreign investment. The “Measures” suggest encouraging and guiding foreign investment to participate in the construction of the “33618” modern manufacturing cluster system in Chongqing, focusing on industrial circuits such as intelligent connected new energy vehicles, next-generation electronic information manufacturing, and advanced materials, to promote the strengthening of the industrial chain, the extension chain and expansion of the chain. Implement the “complete elimination” of restrictions on foreign investment entry in the manufacturing sector. Eligible foreign-invested enterprises reinvest in manufacturing projects within the country and enjoy the same factor guarantees and various support policies for key industrial projects at the municipal level in accordance with the principle of consistent domestic and foreign investment.

The Chongqing Municipal Development and Reform Commission recently issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”, which proposes 16 policy measures in three dimensions: guiding foreign investment, facilitating investment and operation, and raising the level of protection in accordance with the principle of unity of domestic and foreign investment. The “Measures” suggest encouraging and guiding foreign investment to participate in the construction of the “33618” modern manufacturing cluster system in Chongqing, focusing on industrial circuits such as intelligent connected new energy vehicles, next-generation electronic information manufacturing, and advanced materials, to promote the strengthening of the industrial chain, the extension chain and expansion of the chain. Implement the “complete elimination” of restrictions on foreign investment entry in the manufacturing sector. Eligible foreign-invested enterprises reinvest in manufacturing projects within the country and enjoy the same factor guarantees and various support policies for key industrial projects at the municipal level in accordance with the principle of consistent domestic and foreign investment.