The "Action Plan for Stabilizing Foreign Investment" was released on [month and day], outlining 24 measures across five areas: orderly expansion of independent openness, enhancement of investment promotion, improvement of open platform effectiveness, strengthening service guarantees, and more. Currently, with increasing uncertainties in the external environment, China faces multiple difficulties and challenges in attracting foreign investment. The action plan, through practical measures, sends a clear signal of further opening up and intensifying efforts to attract foreign capital.

A series of measures have been implemented to "reduce" restrictions on foreign investment access. The plan proposes to further expand pilot openings in the telecommunications and medical sectors at an appropriate time; to research and formulate implementation plans for orderly expansion of autonomous openings in the education and cultural sectors, to be announced and steadily implemented at an appropriate time; to facilitate the accelerated market entry of innovative drugs, and to optimize the bulk procurement of drugs; to ensure the implementation of the "Measures for the Strategic Investment of Foreign Investors in Listed Companies"... The action plan has outlined a "task list" in areas of concern to foreign investors.

Add to the business environment. The plan proposes to continuously optimize the business environment and effectively implement the national treatment for foreign-funded enterprises. It will study and formulate policy measures to encourage reinvestment by foreign-funded enterprises within the country, promoting more profits earned by foreign enterprises in China to be used for reinvestment. Foreign investment companies are allowed to use domestic loans for equity investments, facilitating multinational companies to establish headquarters-type institutions in China. The plan also aims to optimize foreign M&A rules and transaction procedures, improve the scope of M&A management, and lower the threshold for cross-border share swaps.

"High quality" is the key term of the action plan. A series of measures focus on stabilizing the stock, promoting the increment, and improving the quality of foreign investment utilization. The plan clearly states that it will revise and expand the catalog of industries that encourage foreign investment, optimize the structure of foreign investment, promote foreign investment to serve the high-quality development of China's manufacturing industry, guide foreign investment towards modern service industries, and support more foreign investment in the central, western, and northeastern regions.

The continuous optimization of the investment structure is a significant feature of China's current efforts to attract foreign capital. In [specific month and year], the actual utilization of foreign capital in high-tech manufacturing accounted for [specific percentage]% of the national total, an increase of [specific percentage] percentage points compared to the entire previous year. The actual utilization of foreign capital in the pharmaceutical manufacturing industry and technology achievement transformation services increased by [specific percentage]% and [specific percentage]%, respectively.

The plan also proposes to encourage foreign investment in livestock-related fields such as breeding, equipment production for feeding, and production of feed and veterinary drugs, and to grant them national treatment. It supports foreign enterprises in participating in China's new industrialization process, with a focus on introducing foreign investment in high-tech fields, providing more market opportunities and cooperation space for foreign enterprises. It encourages the attraction and utilization of foreign capital in service sectors such as elderly care, culture and tourism, sports, healthcare, vocational education, and finance to meet multi-level service consumption demands.

In terms of enhancing service guarantees, the action plan focuses on protecting the rights and interests of foreign investment, improving trade facilitation for foreign-funded enterprises, and ensuring they feel secure, reassured, and confident. The action plan specifies support for including more foreign-funded projects in the lists of major and key foreign-funded projects. It also calls for the swift formulation and issuance of relevant documents to clarify the standards for government procurement of domestic products, ensuring equal participation in government procurement activities for products manufactured by enterprises of all ownership types within China. Additionally, it emphasizes accelerating negotiations on mutual visa exemption agreements and continuing to steadily expand the scope of unilateral visa-free entry for nationals of certain countries.

On [specific date], Tesla's Shanghai Energy Storage Gigafactory officially commenced operations in the Lingang New Area of the Shanghai Free Trade Zone. Photo by Fang Zhe, Xinhua News Agency.

At the beginning of the new year, the spring breeze of openness warms hearts, and a batch of foreign-invested projects are brimming with "fresh" vitality. Tesla's Shanghai Megafactory for energy storage has officially commenced production, the biopharmaceutical API project of multinational pharmaceutical company Sanofi is accelerating in Beijing, and Siemens Healthineers' new R&D and manufacturing base project has broken ground in Shenzhen... Since the start of the year, numerous major foreign-funded projects have taken root, characterized by their high-end, intelligent, and green features, showcasing the unwavering confidence of foreign investors in China's development prospects.

The Ministry of Commerce released data showing that in [year and month], China's actual utilization of foreign capital reached [amount] billion yuan, an increase of [percentage]% month-on-month. During the same period, actual investments from the UK, South Korea, the Netherlands, and Japan in China increased by [percentage]%, [percentage]%, [percentage]%, and [percentage]% respectively.

As various initiatives take effect over the years, a China committed to achieving high-quality development and steadfastly pursuing open cooperation is bound to inject more confidence and momentum into the world, bringing forth new opportunities for win-win cooperation.