In November 2020, Chinese President Xi Jinping stated in the keynote speech at the 3rd China International Import Expo that "China will stay committed to openness, cooperation and unity for win-win results. We will steadfastly expand all-round opening-up and explore more efficient ways to connect domestic and foreign markets and share factors of production and resources. Our aim is to
turn the China market into a market for the world, a market shared by all, and a market accessible to all. In this way, we will be able to bring more positive energy to the global community." In June 2021, at the National Teleconference for Deepening the Reforms to "Streamline Administration, Delegate Powers, Improve Regulation and Strengthen Services" and Striving to Foster and Stimulate the Vitality of Market Players, Premier Li Keqiang noted, "No matter how the international environment may change, we should unswervingly open wider to the outside world, make better use of both domestic and international markets and resources, and forge new advantages in international cooperation and competition."
China has stayed committed to the fundamental national policy of opening-up; will adopt policies to promote high-standard liberalization and facilitation of trade and investment; will implement the "pre-establishment national treatment and negative list management" system across the board; will open up more sectors of the economy in a more thorough fashion; will relax rules for foreign investment in manufacturing, services, agriculture, and other sectors; will protect the legitimate rights and interests of foreign investors; will foster an enabling market environment in which all companies, Chinese and foreign, are treated as equals and engaged in fair competition. With such efforts, the country can continue to improve its attractiveness to foreign investors. Since the beginning of 2020, to effectively respond to the COVID-19 pandemic and stabilize the fundamentals of foreign trade and investment, China has introduced a range of policies to bail out enterprises facing difficulties and to offer tremendous support to market entities of all kinds, including enterprises with foreign investment, as they resume work. China, as a pathfinder for effective pandemic prevention and control across the world, has also been a frontrunner in resuming production and restoring normalcy. Meanwhile, China has put the new Foreign Investment Law and its Implementation Regulations into effect. It has released two revised negative lists, one for pilot free trade zones and one for the rest of the country. It has also established the Hainan Free Trade Port, added three new members (Beijing, Hunan and Anhui) to the group of pilot free trade zones, and relaxed control over market access for services such as finance. As the actual national use of foreign capital rises, bucking the trends, China has become a haven of transnational investment.
To build a more transparent business environment and facilitate trade and investment, the Department of Foreign Investment Administration and the Investment Promotion Agency revised and updated the Foreign Investment Guide of the People's Republic of China based on the edition compiled last year. The Guide, composed of five chapters - "Meeting China," "Investing in China," "The Legal System for Foreign Investment in China," "Procedures for Business Operation", and "Foreign Nationals in China", with newly-added latest policies and measures, including the Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, laws and regulations, updates in data, procedures for
business operation, and directory of institutions, and adjustments to part of the language - will be simultaneously released in Chinese and English, online and offline, to comprehensively introduce the international market-oriented and law-based business environment of China. It is hoped that the Guide will be helpful for foreign enterprises and investors.