State Council: Optimizes foreign capital utilization

On November 7, the State Council printed and distributed the work of optimizing the use of foreign capital and put forward 20 policies and measures in four aspects. Such as bank and insurance, automobile, certification institution and standardization work. Reduce the negative list of foreign investment access in China and the pilot Free Trade Zone, and eliminate the restrictions not included in the negative list All restrictions on the business scope of foreign banks, securities companies, fund management companies and other financial institutions shall be eliminated. Reduce the quantitative access conditions for foreign investors to invest in the establishment ofRead More →

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