MOFCOM's New Foreign Investment Catalog to Encourage R&D Centers, Etc.
China's Ministry of Commerce reports that China will release its fourth revised version of its foreign investment catalog in the near future. The new version will encourage investment in China's middle and western regions, and in industries such as IT,…
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new energy, new materials, biological medicine, and advanced manufacturing. It will also encourage multinationals to set up research and development centers and to extend their industry chains in China.