中国发布12项新举措鼓励外资再投资

Core Viewpoint - China has introduced 12 targeted measures to attract and utilize foreign investment, focusing on encouraging foreign enterprises to reinvest in the domestic market [2] Group 1: Measures for Foreign Investment - The new document, issued by the National Development and Reform Commission and six other central departments, calls for local governments to create project databases for foreign reinvestment and enhance support services for these projects [3][4] - Eligible reinvestment projects will be included in the country's major foreign investment project lists, allowing access to relevant support policies [4] Group 2: Cost Reduction Strategies - To lower upfront costs, foreign companies reinvesting in China will be allowed flexible use of industrial land through long-term leasing, lease-before-transfer arrangements, and flexible land transfer durations [4] Group 3: Tax Incentives - The notice emphasizes the importance of implementing tax incentives to promote foreign reinvestment, with projects aligned with the catalog of encouraged industries benefiting from preferential policies related to equipment importation [5] Group 4: Foreign Exchange Regulations - Foreign enterprises using legally generated foreign exchange profits, as well as overseas investors using foreign exchange profits obtained within China for domestic reinvestment, may transfer relevant foreign exchange funds within the country according to regulations [6][7] Group 5: Streamlined Approval Processes - The document pledges to streamline the approval process and provide "green channel" management for eligible reinvestment funding sources, such as shareholder loans from foreign affiliates and panda bonds [7][8] - Financial institutions are encouraged to innovate products and services to support foreign firms' reinvestment activities under prudent risk management [8]