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SW. China's Chongqing issues measures to improve business environment

June 19, 2020


Abstract : Southwest China's Chongqing has recently launched 25 measures on foreign investment management to optimize and improve its business environment, reported China News on Thursday.

BEIJING, June 19 (Xinhua) -- Southwest China's Chongqing has recently launched 25 measures on foreign investment utilization to optimize and improve its business environment, reported China News on Thursday.

The measures cover five aspects including further improving the city's opening-up level, increasing investment promotion, optimizing the business environment, protecting the legitimate rights and interests of foreign investors, and strengthening organizational management.

According to the measures, Chongqing will adopt a series of innovative policies to improve the facilitation of foreign investment, and strengthen innovation in the foreign investment service system, promotion activities and project implementation.

In addition, Chongqing will also focus on the implementation of regulatory policies for foreign investment, intellectual property protection, standard setting, and government procurement to ensure fair treatment of foreign investment.

Located at the junction of the Belt and Road construction and Yangtze River Economic Zone, Chongqing becomes a hot spot for foreign investment in recent years.

So far, Chongqing has attracted more than 100 billion U.S. dollars of foreign investment and 293 enterprises of Fortune Global 500 companies. (Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)

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Keyword: Chongqing business environment foreign investment

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