In 2025, MOFCOM will resolutely implement the decisions and plans of the CPC Central Committee and the State Council by intensifying efforts to attract and secure investment. We will focus on the following aspects.

First, further open up and continuously expand market access. Restrictions for foreign investors in the manufacturing sector have already been lifted. We will gradually open up the services sector such as telecommunications, healthcare, and education on a trial basis. We will revise the Catalogue of Industries for Encouraging Foreign Investment to enhance policy attractiveness.

Second, build brands and hold high-quality “Invest in China” activities. We will continue to host activities such as investment promotion, project matchmaking, policy introduction, and seminars both domestically and internationally, making the China International Fair for Investment and Trade a hallmark event of“Invest in China”.

Third, improve services and build a top-notch business environment. We will select more specified and targeted topics for the roundtable meetings for foreign-invested enterprises, focusing on their concerns and addressing their requests. We ensure equal participation for domestic and foreign enterprises in large-scale equipment upgrades, trade-ins of consumer goods, government procurement, and invitation and submission of bids, providing a fair competition environment for foreign-invested enterprises.

In a nutshell, we will continue to reduce negative lists and improve the business environment to give foreign-invested enterprises optimism, certainty, and confidence. “Next China is still China”. Thank you.