Reported about 8 hours ago
In response to a significant drop in foreign direct investment, China has introduced new initiatives aimed at encouraging overseas investors to reinvest their profits domestically. Measures include opening more sectors to foreign interests, providing tax incentives, and simplifying approval processes for loans and bonds necessary for reinvestment. With FDI falling by 13.2% year-on-year, the government aims to facilitate the establishment of new firms, increase capital in existing companies, and enhance support for foreign investors through various project services.
Source: YAHOO