DEPARTMENT OF COMMERCE OF
GUANGDONG PROVINCE
On December 4th, the People's Government of Guangdong Province held a press conference for officially issuing the Policies and Measures of People's Government of Guangdong Province on Further Expanding Opening-up and Actively Attracting Foreign Investment (hereinafter referred to as “The Ten Measures for Foreign Investment”) to the public. Mr. Wang Yongqing, the Deputy Director of Information Office of the People's Government of Guangdong Province presided over the press conference. The persons in charge of the departments concerned such as the Department of Commerce of Guangdong Province introduced the background and highlights of The Ten Measures for Foreign Investment, as well as answered questions.
Mr. Zheng Jianrong, the Director General of the Department of Commerce of Guangdong Province first introduced the background and significance for Guangdong Provincial Party Committee and the People's Government of Guangdong Province to formulate The Ten Measures for Foreign Investment. He pointed that it is an important measure for Guangdong to further implement the requirements of the 19th National Congress of the Communist Party of China, and build Guangdong into a significant “window” and “demonstration zone” of the Xi Jinping Thought on socialism with Chinese characteristics for a new era to the world.
The Ten Measures for Foreign Investment sets foot in the reality of Guangdong, focuses on the concerns and needs of the foreign invested enterprises, proposes pragmatic, feasible and solid measures in 10 areas as follows: further expanding areas of foreign investment market access, increasing financial incentives for foreign investment, strengthening the safeguard of land use, supporting R&D and innovation, intensifying financial support, intensifying talent support, reinforcing intellectual property rights protection, improving the level of investment and trade facilitation, optimizing the environment for foreign investment in key industrial parks and improving the mechanism for foreign investment. All these ten measures are of high quality and great value. The rolling out of The Ten Measures for Foreign Investment will further promote the construction of the new pattern of opening-up, create a favorable business environment for foreign investment which is better law-based, international and of great facilitation, attract more high-end foreign investment and top talents and promote the foreign investment in Guangdong to develop to a higher level and with better quality. Relevant departments of the People's Government of Guangdong Province will carry out policies publicity extensively, make solid progress in the implementation of policies and ensure to benefit foreign-funded enterprises.
On the press conference, Department of Commerce of Guangdong Province, Department of Science and Technology of Guangdong Province, Department of Finance of Guangdong Province, Department of Human Resources and Social Security of Guangdong Province, Department of Land Resources of Guangdong Province, Guangdong Intellectual Property Office, Guangdong Provincial Office, SAT, and the People’s Bank of China Guangzhou Branch answered questions related to The Ten Measures for Foreign Investment respectively.
