近日，国家发展改革委、商务部发布《鼓励外商投资产业目录（2025年版）》，这是时隔3年后，结合 国内外形势变化对《鼓励目录》进行的修订和优化。新版《鼓励目录》引导更多外资投向先进制造业、 现代服务业、高新技术、节能环保等领域，以及中西部和东北地区。新版《鼓励目录》基于我国现阶段 的优势，着眼于稳定外商投资预期和信心，助力我国增强引资优势。 潘圆圆（中国社科院国家全球战略智库研究员） 多场景是我国吸引外资的第四大优势。场景的含义是新技术、新产品、新业态创新性应用的具体情境。 所有企业包括外企都会寻求更多的市场机会，因为多场景意味着更多的机会和企业的成长可能性。《鼓 励目录》鼓励将生产性服务业作为未来引资的重点，我国为生产服务行业外企提供的多场景包括几个层 面：一是我国不同区域的需求是有差异的，例如我国东部和中西部的需求有差异，外企可以根据自身禀 赋选择与自身更匹配的区域场景；二是我国不仅需求总量大，而且需求分层，即使是同一类技术、同样 产品、相同业态内部也有多层次和多场景的需求，且每个层次和场景的需求量也不小，不同优势的外企 很容易找到自己的细分市场，个性化的赛道也可能蕴含商机；三是我国的需求在持续地升级过程中 ...

Core Viewpoint - The National Development and Reform Commission and the Ministry of Commerce have released the "Encouraged Foreign Investment Industry Catalog (2025 Edition)", which aims to attract more foreign investment into advanced manufacturing, modern services, high-tech, and energy-saving and environmental protection sectors, particularly in the central and northeastern regions of China [1] Group 1: Institutional Advantages - China's unique institutional framework is a significant advantage in attracting foreign investment, providing a predictable business environment that supports foreign enterprises [1] - The new catalog emphasizes the importance of coordination among various economic departments and regional cooperation to optimize macroeconomic conditions for foreign investment [1] Group 2: Market Size Advantage - China has a massive consumer market with a population of 1.4 billion and a projected per capita GDP exceeding $12,000 in 2024, making it an attractive destination for foreign enterprises [2] - The catalog supports the expansion of service consumption, including sectors like pet care and health services, providing ample business opportunities for foreign companies [2] Group 3: Complete Industrial System - China boasts the world's most complete industrial system, covering all major sectors from agriculture to manufacturing and services, which helps foreign enterprises achieve stable average profits [2] - The catalog includes new entries in advanced manufacturing, such as smart detection equipment and robotics, enhancing the support for high-end manufacturing and R&D for foreign companies [2] Group 4: Multi-Scenario Opportunities - The concept of "multi-scenario" refers to the diverse applications of new technologies and products, offering various market opportunities for foreign enterprises [3] - The catalog encourages foreign investment in productive services, highlighting the regional demand differences and the layered nature of market needs in China, which allows foreign companies to find niche markets [3] Group 5: Future Outlook - China's past foreign investment activities have benefited both foreign investors and the global economy, and the country aims to continue expanding high-level openness [5] - The new catalog is designed to leverage China's institutional, market, industrial, and application advantages to create a unique competitive edge in attracting foreign investment [5]