Core Viewpoint - The release of the "Encouragement Directory for Foreign Investment Industries (2025 Edition)" aims to attract and utilize foreign investment more effectively, focusing on advanced manufacturing, modern services, high-tech, and energy-saving sectors, particularly in the central and northeastern regions of China [2][4][8]. Summary by Sections Overall Changes - The 2025 edition of the directory includes a total of 1,679 entries, an increase of 205 entries and 303 modifications compared to the 2022 edition [3][4]. - The directory is divided into two parts: a national directory applicable nationwide and a regional directory for the central and northeastern regions [3]. Encouragement of Foreign Investment - The national directory continues to prioritize advanced manufacturing, adding new categories such as the development and production of nucleic acid drugs, smart detection equipment, and underwater robots for deep-sea operations [4][6]. - The modern services sector is also emphasized, with new entries for platforms related to new materials, high-end shipping services, and pet care services [4][6]. Regional Focus - The directory aims to direct more foreign investment to the central and northeastern regions, with specific new entries for various provinces, including cruise tourism services in Liaoning and ice and snow equipment manufacturing in Heilongjiang [5][6]. Incentives for Foreign Investment - Foreign investment in the encouraged sectors can enjoy several benefits, including tax exemptions on imported self-use equipment and reduced corporate income tax rates in western regions and Hainan [7][8]. - The directory outlines four main incentives for foreign investors, including support for advanced manufacturing and modern services, as well as specific encouragement for investments in the central and northeastern regions [6][7]. Implementation and Future Steps - The 2025 edition will take effect on February 1, 2026, with the 2022 edition being abolished simultaneously [11]. - The National Development and Reform Commission plans to enhance the investment environment and improve foreign investor satisfaction through various initiatives, including establishing platforms for international investment cooperation [8][9].