On a certain date, the Ministry of Commerce held a roundtable meeting with foreign-invested enterprises to introduce the implementation status of the "Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment" (Guo Fa No. [ ] , hereinafter referred to as the "Foreign Investment Regulations"). The meeting was chaired by Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations. Officials from relevant departments including the Cyberspace Administration of China, the Ministry of Finance, the State Administration for Market Regulation, and the National Intellectual Property Administration attended the meeting.

Ling Ji stated that since the introduction of the foreign investment regulations over a year ago, various regions and departments have attached great importance to them and have worked hard to implement the various policy measures. Positive progress has been made in addressing common issues of concern to foreign-invested enterprises, including industry opening, the implementation of national treatment for foreign investors, factor support, government procurement, the use of green electricity, standard setting, intellectual property protection, cross-border data flow, personnel exchange facilitation, segmented production of biological products, and the extension of subsidies for foreign personnel.

Recently, the Ministry of Commerce led an annual assessment of the implementation of foreign investment policies, receiving positive feedback from foreign enterprises. The overall effectiveness of the policies met expectations. Improving the business environment is a necessary requirement for expanding high-level opening-up. The Chinese government is unwavering in its commitment to building a world-class business environment that is market-oriented, rule-of-law based, and internationalized. The Ministry of Commerce will resolutely implement the spirit of the 20th CPC Central Committee's Third Plenary Session, focusing on the needs and issues of foreign enterprises, continuously improving the foreign investment policies, and actively researching policies to stabilize and boost foreign investment.

Representatives from over a dozen foreign enterprises including Panasonic, Veolia, Ford, Eli Lilly, and Novo Nordisk, as well as foreign business associations such as the American Chamber of Commerce in China, the US-China Business Council, the European Union Chamber of Commerce in China, the Japan Chamber of Commerce and Industry in China, and the Korea Chamber of Commerce in China attended the meeting. They generally agreed that the Foreign Investment Law has brought a strong sense of achievement to foreign enterprises.

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Author: Emma

An experienced news writer, focusing on in-depth reporting and analysis in the fields of economics, military, technology, and warfare. With over 20 years of rich experience in news reporting and editing, he has set foot in various global hotspots and witnessed many major events firsthand. His works have been widely acclaimed and have won numerous awards.

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