Meanwhile, the meeting underscored foreign investment's unique and vital role in boosting China's economic growth, calling for continuing efforts to streamline administrative procedures and enhance services to create a more attractive business environment for foreign investors.
In this regard, the country will open up wider by removing the restrictive measures not included in the foreign investment negative lists for market access both nationwide and in free trade zones, scrapping business restrictions for foreign banks, securities firms and fund management firms, and implementing the amendment to the management regulations for foreign banks and insurance companies.
While optimizing the foreign investment policies for vehicle manufacturing, the country should ensure equal market access for new energy vehicles produced by both domestic and overseas carmakers.
The meeting also urged efforts to promote investment facilitation, provide equal protection of foreign investors' lawful rights and interests, and support local authorities to attract investment.
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