National Development and Reform Commission: will study and introduce policies and measures to attract foreign investment to rationally reduce the negative list of foreign investment access

[national Development and Reform Commission: will study and introduce policies and measures to attract foreign investment to reasonably reduce the negative list of foreign investment access] June 14, Yuan Da, deputy secretary general of the National Development and Reform Commission, said at a regular policy briefing of the State Council on June 14 that in the next step, the National Development and Reform Commission will comprehensively link up with the system of international high-standard market rules and promote the building of a new system of a higher-level open economy. We will steadily expand the opening of rules, regulations, management, standards and other institutional types. Focus on three areas of work. First, we will introduce a policy of attracting foreign investment with greater efforts. On the basis of existing policies, the NDRC will study and introduce policies and measures to attract foreign investment with greater efforts, optimize a level playing field, smooth the flow of innovative elements, and promote practical cooperation between domestic and foreign enterprises. The second is to reasonably reduce the negative list of foreign investment access. On the basis of evaluating the implementation effect of the negative list of foreign investment access in recent years, the NDRC will have an in-depth understanding of the demands of local and foreign-funded enterprises to expand foreign capital market access, and study measures such as reducing the negative list of foreign investment access of Hainan Free Trade Port. Third, we should further improve the promotion and service of foreign investment. The NDRC will continue to hold a series of activities on international industrial investment and cooperation, provide a platform for multinational corporations to invest in China and attract local investment, and improve the direct contact point mechanism for foreign-funded enterprises.