BEIJING, April 10 (Xinhua) -- East China's Shanghai on Friday announced a total of 24 measures to facilitate the foreign investment.
These measures which will be implemented from Friday include four aspects, namely, implementing the central authorities' opening-up policies, strengthening the promotion of foreign investment, enhancing the level of foreign investment facilitation, and strengthening the protection of foreign investment.
Specifically, the municipality will put in place the latest version of the negative list of foreign investment access rolled out by the central government and the pilot free trade zone, and accelerate the opening of the finance, new energy vehicle (NEV) and other fields.
Meanwhile, the city will also facilitate the foreign debt registration management. Non-investment foreign-invested enterprises are allowed to establish new subsidiaries or merge with other domestic enterprises with capital, in accordance with the law and on the premise that they do not violate the current negative list of foreign investment access and the projects to be invested in by them in China are true and compliant. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)
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