Group 1: Government Policies and Initiatives - The State Council, led by Premier Li Qiang, has initiated a package of fiscal and financial policies aimed at boosting domestic demand, emphasizing the importance of coordinating fiscal and financial policies to enhance policy effectiveness and encourage social capital participation in consumption and investment [1] - The Lingang New Area in Shanghai is set to establish an offshore financial (economic) functional zone to promote greater financial openness and innovation, focusing on enhancing cross-border investment and financing facilitation [2] - Shanghai has introduced measures to encourage foreign investment enterprises to reinvest domestically, optimizing foreign exchange registration and funding processes [4] Group 2: Financial Sector Developments - The Shanghai government has released 26 measures to support foreign-funded R&D centers, including facilitating financial services for technology innovation and research [5] - The Industrial and Commercial Bank of China (ICBC) Shanghai branch has completed the first equity merger loan under the new merger loan management regulations, marking an innovation in merger financial services [6] - The Shanghai Clearing House has announced a reduction in fees for credit derivatives clearing services to promote market development and reduce costs for market participants [11] Group 3: Market Statistics and Performance - As of December 2025, China's foreign exchange reserves reached $33,579 billion, an increase of $115 billion from November, reflecting a growth rate of 0.34% [19] - In 2025, the national futures market recorded a total transaction volume of 90.74 billion contracts, with a cumulative transaction value of 766.25 trillion yuan, representing year-on-year growth of 17.4% and 23.74% respectively [20]

在鼓励企业境内再投资方面共15条措施，包括支持多种方式再投资、强化项目协调服务、优化土地要素 配置、鼓励技术升级改造、支持参加服务业对外开放试点、简化医疗器械转产流程、开展药品批发多仓 协同、便利食品连锁经营、拓宽再投资融资渠道等。 在优化投资促进服务方面共5条措施，包括推动构建高水平招商引资新模式、加强中心城区和新城招商 对接、推进境内投资信息报告试点、开展外商投资促进成效评价试点、加强投资促进政策宣传等。（记 者桑彤） 日前，上海市发展改革委、商务委等部门联合发布《上海市鼓励外商投资企业境内再投资若干措施》， 涵盖20条举措，助力上海打造国际一流营商环境。 外商投资企业境内再投资是近年来外商投资的重要方式。这份被称为"再投资20条"的文件注重政策组合 效应，从推动项目落地、便利投资经营、落实税收政策、优化投资促进四个维度提出措施，力求形成政 策合力。 【纠错】 【责任编辑:谷玥】 ...

上海发文鼓励外商投资企业境内再投资。 近日，经上海市政府同意，市发展改革委、市商务委等11个部门联合印发了《上海市鼓励外商投资企业境内再投资若干措施》 （以下简称"再投资20条"）。政策主要特点和内容是什么？涉企事项如何申办？1月6日，上海市发改委对此进行解读。 上海市发改委介绍，外商投资企业境内再投资是近年来外商投资的重要方式。党的二十届四中全会审议通过的国民经济和社会 发展"十五五"规划建议中对于扩大高水平对外开放，明确要促进外资境内再投资。前期，国家发展改革委等部门联合印发了 《关于实施鼓励外商投资企业境内再投资若干措施的通知》等政策。为落实好国家相关政策，进一步促进外商投资，市发展改 革委、市商务委会同相关单位广泛听取外资企业、相关商协会等各方意见建议，结合实际研究制定了"再投资20条"。 "再投资20条"主要有四方面特点：一是明确支持多种方式境内再投资。鼓励在中国境内依法设立的外商投资企业运用未分配利 润，或者境外投资者以境内合法分得的本外币利润开展再投资。再投资方式包括在本市投资新设企业、增资现有企业或取得境 内企业股份、股权、财产份额或其他类似权益，以及投资项目等。 二是注重政策组合效应。聚焦外 ...

上海发文 鼓励外商投资企业境内再投资。 近日，经上海市政府同意，市发展改革委、市商务委等11个部门联合印发了《上海市鼓励外 商投资企业境内再投资若干措施》（以下简称"再投资20条"）。政策主要特点和内容是什 么？涉企事项如何申办？1月6日，上海市发改委对此进行解读。 上海市发改委介绍，外商投资企业境内再投资是近年来外商投资的重要方式。党的二十届四 中全会审议通过的国民经济和社会发展"十五五"规划建议中对于扩大高水平对外开放，明确 要促进外资境内再投资。前期，国家发展改革委等部门联合印发了《关于实施鼓励外商投资 企业境内再投资若干措施的通知》等政策。为落实好国家相关政策，进一步促进外商投资， 市发展改革委、市商务委会同相关单位广泛听取外资企业、相关商协会等各方意见建议，结 合实际研究制定了"再投资20条"。 "再投资20条"主要有四方面特点：一是明确支持多种方式境内再投资。鼓励在中国境内依法 设立的外商投资企业运用未分配利润，或者境外投资者以境内合法分得的本外币利润开展再 投资。再投资方式包括在本市投资新设企业、增资现有企业或取得境内企业股份、股权、财 产份额或其他类似权益，以及投资项目等。 二是注重政策组合效 ...

人民财讯1月6日电，上海市发展改革委、市商务委等部门印发《上海市鼓励外商投资企业境内再投资若 干措施》，其中提出，鼓励技术升级改造。鼓励外商投资企业开展扩大生产和技术改造等境内再投资， 对符合市促进产业高质量发展专项资金中技术改造相关要求的项目给予支持。支持外商投资企业按规定 申请国家超长期特别国债，在重点领域开展大规模设备更新项目投资。 ...

近日，经上海市政府同意，市发展改革委、市商务委等11个部门联合印发了《上海市鼓励外商投资企业境内再投资若干措施》（以下 简称"再投资20条"）。政策主要特点和内容是什么？涉企事项如何申办？1月6日，上海市发改委对此进行解读。 上海市发改委介绍，外商投资企业境内再投资是近年来外商投资的重要方式。党的二十届四中全会审议通过的国民经济和社会发展"十 五五"规划建议中对于扩大高水平对外开放，明确要促进外资境内再投资。前期，国家发展改革委等部门联合印发了《关于实施鼓励外 商投资企业境内再投资若干措施的通知》等政策。为落实好国家相关政策，进一步促进外商投资，市发展改革委、市商务委会同相关 单位广泛听取外资企业、相关商协会等各方意见建议，结合实际研究制定了"再投资20条"。 "再投资20条"主要有四方面特点：一是明确支持多种方式境内再投资。鼓励在中国境内依法设立的外商投资企业运用未分配利润，或 者境外投资者以境内合法分得的本外币利润开展再投资。再投资方式包括在本市投资新设企业、增资现有企业或取得境内企业股份、 股权、财产份额或其他类似权益，以及投资项目等。 二是注重政策组合效应。聚焦外商投资企业在境内再投资中关心的问题，在 ...

人民财讯1月6日电，上海市发展改革委、市商务委等部门印发《上海市鼓励外商投资企业境内再投资若 干措施》，支持多种方式境内再投资。鼓励外商投资企业通过多种方式扩大境内再投资，包括在中国境 内依法设立的外商投资企业运用未分配利润，或者境外投资者以境内合法分得的本外币利润开展再投 资，再投资方式包括在本市投资新设企业、增资现有企业或取得境内企业股份、股权、财产份额或其他 类似权益，以及投资项目等。 ...

Core Viewpoint - The announcement of measures to encourage foreign investment enterprises to reinvest domestically is aimed at attracting and utilizing foreign capital more effectively, which is crucial for advancing high-level opening-up and achieving modernization in China [2][3]. Group 1: Background of the Notification - Foreign investment plays a significant role in promoting new productive forces and achieving Chinese-style modernization [2]. - The notification was developed in response to feedback from foreign enterprises regarding their concerns and requests during the reinvestment process [2]. Group 2: Main Content of the Notification - The notification emphasizes the establishment of a project service guarantee system for foreign investment enterprises, allowing eligible reinvestment projects to be included in major foreign investment project lists [3]. - It supports flexible land use arrangements for foreign investment enterprises, such as long-term leasing and flexible terms, to reduce initial land costs [3]. - The notification aims to simplify the application process for foreign enterprises establishing wholly-owned subsidiaries in China, allowing for expedited processing of industry access permits [3]. - It includes tax support policies for foreign investors reinvesting in China, promoting effective investment [3][4]. - The notification facilitates the use of foreign exchange funds for reinvestment, allowing for the transfer of legally obtained foreign exchange profits [4]. - It encourages financial institutions to innovate products and services to support foreign investment enterprises in their domestic reinvestment efforts [4]. Group 3: Future Support for Foreign Investment - The National Development and Reform Commission (NDRC) will enhance coordination and guidance to ensure the effective implementation of the notification [5]. - There will be a focus on tracking the implementation of these measures and addressing any emerging issues through direct engagement with foreign enterprises [5][6]. - The NDRC plans to introduce new major foreign investment projects and guide investments towards advanced manufacturing, modern services, and high-tech sectors [6].

Core Viewpoint - The National Development and Reform Commission (NDRC) and six other departments have issued a notice to encourage foreign investment enterprises to reinvest domestically, aiming to enhance the long-term development of foreign enterprises in the Chinese market [1] Group 1: Measures to Promote Reinvestment - The notice includes multiple dimensions to promote foreign enterprises' reinvestment, such as strengthening project service guarantees, optimizing land resource allocation, and simplifying the establishment process for new reinvestment enterprises [1] - It facilitates the use of foreign exchange funds and improves financing channels, alongside innovating financial products and services [1] - The notice outlines specific applicable scenarios for the encouragement measures and emphasizes the need for pilot programs on foreign investment information reporting [1] Group 2: Implementation and Coordination - The document is part of a broader reform to attract and utilize foreign investment more effectively, allowing relevant parties to conduct targeted work to promote reinvestment [1] - The NDRC and other departments will enhance coordination and guidance to ensure the effective implementation of the related measures [1]

Core Viewpoint - The provincial development and reform commission announced encouragement for foreign-invested enterprises to reinvest domestically, which is significant for attracting and utilizing foreign investment effectively [1] Group 1: Policy Support - The province will enhance project service guarantees and establish a project database for foreign-invested enterprises' domestic reinvestment [1] - Eligible foreign-invested enterprises' reinvestment projects can be included in the list of major and key foreign investment projects, allowing them to enjoy corresponding support policies [1] - Various flexible methods for land use, such as long-term leasing and flexible tenure, will be employed to reduce initial land costs for foreign-invested enterprises [1] Group 2: Financial Incentives - Tax support policies will be implemented to encourage foreign investors to reinvest in China, promoting more effective investments [1] - Foreign-invested enterprises reinvesting in encouraged projects will benefit from support policies related to imported equipment [1] - Foreign exchange profits generated legally by foreign-invested enterprises and domestic investors can be transferred domestically as per regulations [1] Group 3: Financial Services - Loans from foreign-related shareholders and "Panda bonds" for eligible foreign-invested enterprises' domestic reinvestment will be optimized and included in a "green channel" management [1] - Financial institutions are encouraged to innovate products and services to provide financial support for foreign-invested enterprises' domestic reinvestment, under the premise of legal compliance and risk control [1]