Investment Structure

ndrc: The goal is to include more industries in the catalog, improve the investment structure and prompt stable growth of foreign investment, the NDRC said, according to Global Times China. The government hopes to encourage more foreign investment in modern agriculture, advanced manufacturing, high-tech sectors and modern services as well as facilitate the opening-up and international cooperation in lagging areas. The draft was released by the National Development and Reform Commission NDRC and the Ministry of Commerce on the basis of the combination of two revised documents, one for attracting foreign investment nationwide and the other focused particularly on the less-prosperous central and western regions, northeastern old industrial base and southernmost Hainan Province. The document is open for public comments until March 2. Thanks to the effort, China bucked the global foreign direct investment slide in 2018 as the largest investment recipient in the world. China has been unwavering in opening the domestic markets to foreign businesses, with a raft of favorable measures rolled out last year, including allowing easier market access and creating a more fair, transparent and predictable environment. (news.financializer.com). As reported in the news.