20 policies to facilitate foreign investment

The State Council, China's Cabinet, released a guideline on further improving the utilization of foreign investment on Nov 7, with the aim of promoting high-quality development and unlocking market vitality. The document puts forward 20 measures in 4 aspects to safeguard a fairer, more transparent and predictable business environment for foreign-invested enterprises.

1. Expanding opening-up 
1) Open up more sectors to foreign investors 
2) Further open up the financial industry 
3) Fine-tune policies on foreign investment in the auto industry 
4) Build a fair business environment