2025年版鼓励外商投资产业目录发布，锁定先进制造与现代服务

Core Viewpoint - The release of the new "Encouraged Foreign Investment Industry Catalog (2025 Edition)" by the National Development and Reform Commission and the Ministry of Commerce signifies a new round of optimization and upgrading of China's foreign investment policies, aimed at enhancing high-level openness and providing clear, stable, and transparent investment expectations for global investors [1][2]. Group 1: Key Changes in the Catalog - The new catalog focuses on three core changes to optimize the structure of foreign investment. Firstly, it continues to prioritize advanced manufacturing, adding fields such as nucleic acid drug development, zero-magnetic medical equipment, smart detection equipment manufacturing, and key components for robots [3][4]. - Secondly, it emphasizes modern service industries, particularly productive services, with new entries including common technology platforms for new materials, modern high-end shipping services, and virtual power plant operations [3][4]. - Thirdly, it incorporates a wide range of service sectors to support consumer demand, including pet hospitals, sports tourism services, and internet-based healthcare services [3][4]. Group 2: Regional Policy Adjustments - The new catalog expands the encouraged investment scope based on the resource endowments and industrial advantages of the central and western regions, Northeast China, and Hainan Province. For example, new entries include cruise tourism services in Liaoning, ice and snow equipment development in Heilongjiang, and marine environmental governance in Hainan [4][5]. - This differentiated regional policy aims to guide foreign investment to align with local characteristics, promoting coordinated regional economic development [4][5]. Group 3: Policy Benefits and Support Measures - The new catalog not only specifies investment directions but also introduces tangible policy benefits. Foreign investors in encouraged sectors will enjoy multiple incentives, such as exemption from import tariffs on self-used equipment and priority land supply for intensive land-use industrial projects [4][5]. - Tax incentives include a reduced corporate income tax rate of 15% for investments in the western regions and Hainan, along with potential tax deferral or credits for foreign investors reinvesting profits through domestic enterprises [4][5]. Group 4: Implementation and Support for Foreign Investment - To ensure the effective implementation of policy benefits, relevant departments will enhance support services, including expediting major foreign investment projects and addressing challenges related to land use, environmental assessments, and energy consumption [5][6]. - A specialized action plan for foreign enterprises will be launched to facilitate investment cooperation and resolve operational challenges, fostering a market-oriented, legal, and international business environment [5][6]. Group 5: Industry Insights - Analysts view the new catalog as a pragmatic policy document with clear guidance. It aims to leverage global innovation elements and accelerate industrial upgrades through the integration of new technologies and business models [6]. - The inclusion of modern service sectors responds to domestic demands for improved living standards and opens up significant domestic market opportunities for foreign enterprises [6]. - The enhanced attractiveness of the central and western regions, combined with tax incentives, is expected to optimize China's foreign investment landscape and promote high-quality economic development [6].