Core Viewpoint - The article discusses the evolving landscape of investment attraction and industrial development in China, emphasizing the need for standardized practices and new strategies in response to recent regulatory changes and market dynamics [1][2][3]. Group 1: Regulatory Changes - The implementation of the "Fair Competition Review Regulations" (State Order No. 783) since August last year prohibits preferential tax policies and selective financial rewards for specific operators without legal basis or government approval [1]. - The State Council issued guidelines on promoting the high-quality development of government investment funds, stating that these funds should not be established solely for the purpose of attracting investment [2][3]. Group 2: Policy Guidance - The National Development and Reform Commission (NDRC) is focusing on rectifying irregularities in local investment attraction practices, which have led to unhealthy competition through tax and land incentives [3]. - A unified list of permissible and prohibited behaviors for local investment attraction is being developed to enhance transparency and accountability [2][3]. Group 3: New Investment Strategies - Local governments are shifting their investment attraction strategies to focus on nurturing their own advantageous industries based on local resources rather than merely attracting established external enterprises [5]. - Four new approaches to investment attraction have emerged, including capital-industry matching conferences, fund promotion events, industry forums, and international investment summits [5][11][19][24]. Group 4: Event Highlights - The "Fujian Capital and Industry Matching Conference" held in October 2025 attracted over 150 fund representatives, showcasing the importance of connecting financial capital with local projects [6]. - The "2023 Deyang Fund Promotion Conference" in Shanghai highlighted the collaboration between local governments and financial institutions to promote investment opportunities [11][12]. - The "First China-Arab Investment Summit" in April 2025 aimed to facilitate cross-border investment and cooperation between China and the Middle East [26][27]. Group 5: Outcomes and Impact - The various investment attraction models have proven effective, with past events resulting in over 10 billion yuan in fund collaborations and more than 50 projects being realized [27].