BEIJING, Feb. 11 (Xinhua) -- China's Ministry of Commerce (MOC) released a series of measures on Monday to support foreign-funded enterprises operating in China to resume business and production amid the national fight against the novel coronavirus outbreak.
The MOC said it will assist foreign-funded enterprises in purchasing protective materials, strengthen service support for major foreign-invested projects, enhance communication with associations of enterprises with foreign investment and foreign chambers of commerce, and implement targeted measures to help foreign-funded enterprises in various sectors.
Considering the difficulty in personnel flow under the current situation, the ministry encourages the use of online methods such as online negotiation, video conference, and online contract signing to boost investment attraction.
The MOC will continue to optimize the business environment in China, and guide foreign-funded enterprises to make good use of fiscal, financial, taxation, social security, employment and government procurement policies to minimize the impact of the epidemic, added the ministry.
China has been the world's second largest recipient of foreign capital in recent years. According a report released by the United Nations Conference on Trade and Development, despite the global downturn in cross-border direct investment in 2019, China's foreign direct investment hit as high as 140 billion U.S. dollars. (Edited by Su Dan)
A single purchase
