Core Points - The actual utilization of foreign investment in China has exceeded the expected target for the 14th Five-Year Plan, reaching a cumulative total of 708.73 billion USD by the end of June 2023, six months ahead of the planned 700 billion USD target [1] - A total of 229,000 new foreign-funded enterprises have been established during this period, an increase of 25,000 compared to the 13th Five-Year Plan [1] - Foreign-funded enterprises contribute to one-third of the country's total imports and exports, one-fourth of industrial added value, and one-seventh of tax revenue, while also creating over 30 million jobs [1] Investment Environment - China has created a favorable environment for foreign investment by fully implementing the national treatment and negative list management system for foreign investment [2] - Manufacturing foreign investment restrictions have been lifted nationwide, and pilot programs for cloud computing, biotechnology, and wholly foreign-owned hospitals have been initiated in certain regions [2] - Over 1,100 pilot tasks have been carried out in 20 provinces and cities that are comprehensive pilot demonstration areas for expanding service industry openness [2] Policy Implementation - The "Foreign Investment 24 Measures" and the action plan for stabilizing foreign investment have been implemented, with 42 out of 59 measures already completed [2] - More than 500 regulations and documents have been formulated, revised, or abolished to optimize the legal and policy environment for foreign investment [2] - A robust service guarantee system has been established, with local governments forming specialized teams for foreign investment and holding over 30 roundtable meetings with foreign enterprises since 2023 to address various concerns [2]