National Development and Reform Commission and other seven departments launch measures to encourage foreign investment to reinvest domestically.

Today, the journalist learned from the National Development and Reform Commission that recently, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Natural Resources, the Ministry of Commerce, the People's Bank of China, the State Administration of Taxation, the State Administration of Foreign Exchange and other seven departments jointly issued the "Notice on Implementing Measures to Encourage Foreign-invested Enterprises to Reinvest Domestically", with a number of measures to promote foreign-invested enterprises to reinvest domestically and attract and utilize foreign capital more vigorously. The Notice proposes 12 measures to encourage foreign-invested enterprises to reinvest domestically, optimizing reinvestment management and services from various aspects such as reducing costs, increasing efficiency, expanding sources, and improving quality. The Notice focuses on strengthening project service guarantees, optimizing land resource allocation, simplifying procedures for setting up new reinvestment enterprises, facilitating the use of foreign exchange funds, facilitating related financing channels, innovating financial products and services, implementing and implementing support policies, and other aspects, promoting foreign-invested enterprises to better continue deepening and long-term development in China's market from various perspectives. The Notice also clarifies the application of the encouragement measures and requires promoting the pilot project of reporting information on foreign-invested enterprises' domestic investments, strengthening inter-departmental information sharing, and optimizing the evaluation method for promoting foreign investment.