On November 18, 2020, Chongqing Municipal People’s Government promulgated the Notice on Measures of Financial Supports to the Establishment of Western (Chongqing) Science City in Chongqing, which covers:
Gather Venture Capital
Enhance Direct Funding Ability
Strengthen Credit Resources Arrangement
Introduce the agglomeration of Financial Institutes
Develop General Financial Service Platform
Speed up the Development of FinTech
Improve the Protection Support System
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zwgk/fdzdgknr/lzyj/qtgw/202011/t20201118_8471355.htmlOn June 16, 2020, Chongqing Municipal People’s Government promulgated the Notice on Measures of Furthering the Use of Foreign Investment in Chongqing, which covers:
Further Expand the Open-up
Further Promote Investment
Further Enhance Business Environment
Protect the Legal Rights of Foreign Investors
Strengthen Assurance to Associations
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zwgk/fdzdgknr/lzyj/xzgfxwj/szf_38655/202006/t20200616_7577559.htmlOn April 30, 2020, Chongqing Municipal People’s Government promulgated the Notice on Work Plan of Promoting Big Health Industry to High Quality Development in Chongqing (2020-2025), which covers:
Support Innovation on Medical Technology and to Develop National Medical City
Deepen the General Revolution of Medical Institutes and to Develop Western Medical Highland
Further Develop Medicine Industry and to Develop National Key Production Base for Medicine
Strengthen Integration of Healthcare Industry and to Develop International Well-known Healthcare Spot
Improve System Mechanism and to Strengthen General Safegurds
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zwgk/fdzdgknr/lzyj/xzgfxwj/szf_38655/202004/t20200430_7287851.htmlOn November 25, 2019, Chongqing Municipal People’s Government issued the Notice on Development Plan of Modern Service Industry in Chongqing (2019-2022) to speed up the development of modern industry in Chonqging, which covers:
Background of the Development Plan
General Requirements
Key Development Areas
Way forward
Work Plan
Protection Measures
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicity/gmjjglgyzcjg/cy/604092On July 23, 2019, the General Office of the Chongqing Municipal People’s Government promulgated the Notice on Work Plan of Optimizing and Improving Business Environment in Chongqing to speed up the establishment of a legalized, internationalized and convenient business environment; to further stimulate market vitality and social creativity; and to enhance the confidence and competitiveness of market participants.
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zwgk/wlzcwj/qyjf/gjbmwj/content_408483On June 30, 2019, the National Development and Reform Commission and the Ministry of Commerce of the People's Republic of China issued the Special Administrative Measures (Negative List) for Foreign Investment Access (2019 Version), which came into force on July 30, 2019. Special Administrative Measures (Negative List) for Foreign Investment Access (2018 Version) has been simultaneously abolished.
The National Negative List for Foreign Investment Access (2019 Version) has further relaxed or lifted restrictions on the foreign investments into seven fields including shipping agency, urban gas, cinema, performance broker organization, value-added telecommunications and oil & gas exploration and exploitation. The items have been cut down to 40 from the previous 48, thus, further downsizing the negative list. Related contents are as follows:
Foster a more inclusive service industry to the outside world
In the field of transportation, the restriction that the Chinese party shall hold shares of domestic shipping agencies has been lifted.
In the field of infrastructure, the restriction that the Chinese party shall hold shares of the fuel gas & heating power pipe network in cities with over 500,000 residents has been lifted.
In the field of culture, the restriction that the Chinese party shall hold shares of cinemas and performance broker organizations has been lifted.
In the field of value-added telecommunications, the restriction on the foreign investment into 3 services of multi-party communication, store-and-forward mode and call center in China has been lifted.
Lower the threshold for agriculture, mining and manufacturing
In the sector of agriculture, the stipulation that foreign merchants are prohibited from investing the development of wildlife resources has been canceled.
In the sector of mining, the restriction that the exploration and exploitation of oil & gas can only be performed in the forms of joint venture and cooperation has been lifted; and the stipulation that foreign merchants are prohibited from investing the exploration and exploitation of molybdenum, tin, antimony and fluorite has been canceled.
In the sector of manufacturing, the stipulation that foreign merchants are prohibited from investing the manufacturing of rice paper and ink sticks has been canceled.
For more details, please refer to the following site (Chinese Version Only):
http://www.ndrc.gov.cn/zcfb/zcfbl/201906/t20190628_940274.htmlOn June 30, 2019, the National Development and Reform Commission and the Ministry of Commerce of the People's Republic of China issued the Catalog of Industries with Encouragement for Foreign Investments (2019 Version), which came into force on July 30, 2019. The encouragement category of the Guidance Catalog of Industries for Foreign Investments (Revised in 2017) and the Catalog of Competitive Industries for Foreign Investments in Central and Western China (Revised in 2017) have been simultaneously abolished. The Catalog of Industries with Encouragement for Foreign Investments (2019 Version) includes two parts. One is the National Catalog of Industries with Encouragement for Foreign Investments (hereinafter referred to as the "National Catalog"), which is universal nationwide; and another is the Catalog of Competitive Industries for Foreign Investments in Central and Western China, which is mainly appropriate for Central and Western China and Northeast China, both of which are supporting policies for foreign merchants to invest in regions.
The National Catalog encourages foreign investment to be put into the quality development of manufacturing, and also supports its more active engagement in high-end manufacturing, intelligent manufacturing and green manufacturing; and foreign investment is encouraged to direct at the service industry to render stronger support to its opening-up and development, and promote its transformation and upgrading. The National Catalog covers 13 fields, namely, agriculture, forestry, animal husbandry and fishery; mining; manufacturing; production & supply of electricity, heating power, gas and water; transportation, warehousing and post industry; wholesale and retail; information transmission, software and technological service; lease and commercial service; scientific research and technological service; hydraulic engineering, environment and public facilities management; education; sanitation and social work; and culture, sports and entertainment.
The Catalog of Competitive Industries for Foreign Investments in Central and Western China lists the competitive industries encouraged for foreign investment of 22 provinces / cities / autonomous regions, among which Guizhou Province enjoys 32 competitive industries.
Please click the link below for detailed information of Catalog of Industries with Encouragement for Foreign Investments (2019 Version):
http://www.ndrc.gov.cn/zcfb/zcfbl/201906/t20190628_940276.htmlOn April 30, 2019, Chongqing Municipal People’s Government issued the Notification of Chongqing Municipality on the Special Action Plan for Promoting the High-quality Development of Manufacturing Industry (2019-2022), which covers:
General Requirements
Key Development Direction of Pillar Industries
Key Measures for Promoting the High-quality Development of Manufacturing Industry
Support and Guarantee for Promoting the High-quality Development of Manufacturing Industry
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicity/gmjjglgyzcjg/gmjjfzghjh/588300On March 27, 2019, Chongqing Municipal People’s Government issued the Notice of Chongqing Municipal People’s Government on the Implementation of the Notice by the State Council Regarding Several Measures for Supporting Pilot Free Trade Zones in Deepening Reform and Innovation, attached by the Task Division of Chongqing Municipality for Implementing the Notice by the State Council Regarding Several Measures for Supporting Pilot Free Trade Zones in Deepening Reform and Innovation. The content includes:
Highlight the Implementation of the Notice Issued by the State Council
Division of Task for Implementing the Notice issued by the State Council
Strengthen the Overall Coordination of Implementing the Notice Issued by the State Council
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicity/smhgly/gnmyhgx/583379On March 1, 2019, Chongqing Municipal People’s Government issued the Opinions of Chongqing Municipal People’s Government on Strengthening and Improving Works for Investment Attraction and Promotion under the New Circumstances, which covers:
Underline the Key Points of Investment Attraction
Enhance the Policy Guidance
Optimize the Business Environment
Perfect the Working Mechanism
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicity/gmjjglgyzcjg/jjyh/581649On December 20, 2018, Chongqing Municipal People’s Government issued the Notification of Chongqing Municipal People’s Government on Printing and Issuing the Implementation Plan of Chongqing Municipality to Develop Intelligent Manufacturing (2019-2022), which is designed to implement the Action Plan of Chongqing Municipality on Pursuing the Innovation-Driven Development Strategy with Big Data and Intelligence as the Guidance (2018-2020), to propel the real economy to profoundly integrate with Internet, big data and AI, further accelerating the intelligent manufacturing development of Chongqing Municipality, and continuously improving the development quality and efficiency of Chongqing municipal manufacturing. It consists of key missions and relevant responsible government sectors.
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicity/jtgyxxh/xxcyhtx/572568On November 21, 2018, Chongqing Municipal People’s Government released the Notice of Chongqing Municipal People's Government on Stabilizing the Foreign Trade, Foreign Capitals and Foreign Economic Cooperation, which includes:
Accelerate the structural transformation of foreign trade dynamics
Utilize foreign capitals positively and effectively
Improve the cross-border investment layout
Strengthen the policy support
Improve the financing service
Establish a legalized international business environment
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zsyz/zszc/yshjl/szf/content_378157On November 6, 2018, General Office of Chongqing Municipal People’s Government issued the Cost Reduction Policies and Measures for Manufacturing Enterprises in Chongqing, which includes:
Optimize the land supply to reduce the cost
Reduce the social security cost scientifically
Reduce the transportation cost effectively
Implement the preferential taxation policies
Reduce the energy cost appropriately
Reduce the purchasing cost
Reduce the financing cost
Reduce the operation cost through smart transformation and upgrading
Reduce the institutional transaction cost
Establish the long-term and effective cost reduction mechanism
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicity_zqsrmzfbgt/zhzw/hzsw/564181On May 17, 2018, Chongqing Municipal People’s Government released the Implementation Program of Deepening the Internet Plus Advanced Manufacturing Industry and Developing the Industrial Internet, which includes:
Lay a solid foundation of industrial Internet
Develop the platform of industrial Internet
Construct the security and guarantee system
Drive the application of industrial Internet
Establish the industrial ecosystem
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zsyz/zszc/yshjl/szf/content_259185On July 5, 2018, General Office of Chongqing Municipal People’s Government issued the Implementation Opinions of General Office of Chongqing Municipal People’s Government on Advancing the Construction Industry Reform and Continuous Sound Development, which includes:
Boost the innovative development of intelligence-driven big data and accelerate the transformation and upgrading of the construction industry
Adhere to the concept of “quality and safety first” and improve the quality and safety level of construction projects
Strengthen the technology backbone and propel the driving force for reform and development
Heighten the talent group establishment and develop the talent-driven industry
Deepen the power delegation, fair administration and service improvement in order to stimulate the market vitality and innovation ability
Encourage enterprises to develop and make progress comprehensively
Regulate the market in order to create a better development environment
Expand the foreign-oriented business of enterprises and speed up the “going out” process
Improve the guarantee mechanism
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/zsyz/zszc/cyfzl/szfbgt/content_334116On June 12, 2017, the General Office of the Chongqing Municipal People’s Government promulgated the Implementation Opinions on Further Motivating Investment Vitality in Social Areas, which puts forward measures including relieving market access regulations in relevant areas, expanding financing and investment channels, promoting integrated and innovative development, implementing favorable policies and strengthening supervision and optimizing services for deepening supply-side structural reform in medical, elderly care, education, culture and sports areas.
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicinfo/web/views/Show!detail.action?sid=4216283On May 24, 2017, Chongqing Municipal People’s Government promulgated the Catalogue of Investment Projects Approved by the Chongqing Municipal People’s Government (2017 Version), which specifies provisions of approval of Chongqing Municipal Government for agriculture and water conservancy, energy, transport, information industry, raw materials, machine manufacturing, light industry, hi-tech, urban construction projects, social undertaking projects, foreign investment and overseas investment.
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicinfo/web/views/Show!detail.action?sid=4213726On January 13, 2017, the General Office of the Chongqing Municipal People’s Government issued the Implementation Plan for Comprehensive Pilot Construction of Opening Economic New Systems in the Liang Jiang New Area, which specifies the work targets and primary tasks of constructing opening economic new systems in Liang Jiang New Area and reforming measures including establishing administrative systems suitable for the opening economy, improving the supporting systems of constructing demonstrative base of public entrepreneurship and innovation, setting up foreign trade promotion systems oriented by quality and efficiency, deepening opening up and innovation in financial area and promoting all-round opening to the outside world.
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/publicinfo/web/views/Show!detail.action?sid=4170134On January 12, 2017, the State Council promulgated the Notice about Several Measures on Expanding Opening Up and Actively Utilizing Foreign Investment, which includes relieving access restrictions of foreign investment sourced from banking financial institutions, securities companies, securities investment fund management companies, futures companies, insurance companies, and insurance intermediaries as well as foreign investment in accounting and audit, architectural design, rating service and other areas, and advancing orderly opening up in areas including telecommunication, internet, culture, education and transportation. For manufacturing industry, the key point is to cancel access restrictions on foreign investment in rail equipment manufacturing, motorcycle manufacturing, fuel ethanol production, oil processing, etc. the policies and measures of the “Made in China 2025” Strategy equally applys to foreign-invested enterprises and domestic enterprises . Foreign investment is supported to participate in infrastructure construction in the way of franchise. Domestic enterprises, foreign-invested enterprises and scientific research institutions are encouraged to reach R&D cooperation. Overseas high-level talents are supported to start businesses in China.
For more details, please refer to the following site (Chinese Version Only):
http://www.cq.gov.cn/gwywj/2017/1/20/1480419.shtml