https://www.gov.cn/zhengce/content/202502/content_7004409.htm
unedited machine translation
Document Number: State Council General Office Document [2025] No. 16
To the people's governments of all provinces, autonomous regions, and municipalities directly under the Central Government, and all ministries and commissions of the State Council and their respective agencies:
The "2025 Action Plan for Stabilizing Foreign Investment" by the Ministry of Commerce and the National Development and Reform Commission has been approved by the State Council and is hereby forwarded to you for earnest implementation.
General Office of the State Council
February 17, 2025
(This document has been abridged)
2025 Action Plan for Stabilizing Foreign Investment
Ministry of Commerce, National Development and Reform Commission
Foreign investment is an important component of advancing high-level opening-up and plays a significant role in developing new productive forces and achieving Chinese-style modernization. To effectively stabilize foreign investment in 2025 and increase efforts to attract and stabilize investment, the following action plan is formulated.
Expand Pilot Openings in Telecommunications, Medical, and Education Sectors:
Support pilot regions in implementing policies for value-added telecommunications, biotechnology, and wholly foreign-owned hospitals. Provide "specialized class" tracking services for foreign-invested projects in these sectors, promptly coordinate to resolve issues, and promote early project implementation. Further expand pilot openings in telecommunications and medical sectors as appropriate. Develop and announce implementation plans for orderly expanding autonomous openings in education and cultural sectors and implement them steadily.
Implement Comprehensive Removal of Foreign Investment Access Restrictions in Manufacturing:
For sectors outside the negative list for foreign investment access, manage foreign investment access strictly according to the principle of consistency between domestic and foreign investment. Revise the market access negative list, further reduce the list items, and expand openness to all types of business entities.
Optimize National Service Industry Expansion Pilot Demonstrations:
Support Beijing's demonstration zone in leading the expansion of the service industry, accelerating and intensifying pilot work. Further expand the pilot scope, assign new tasks and content to the pilots, and prioritize key sector opening measures in pilot demonstration areas. Conduct in-depth research on policies and measures for expanding the service industry, closely monitor pilot progress, and promptly replicate and promote pilot experiences. Support national service industry expansion pilot demonstration areas in standardization construction.
Promote Orderly Opening in the Biopharmaceutical Sector:
Support eligible foreign enterprises in participating in segmented production pilots for biological products, accelerate the review of provincial pilot programs and quality supervision programs, optimize resource allocation in the biopharmaceutical industry, and promptly address difficulties encountered by enterprises during the pilot process. Improve policies for opening the pharmaceutical sector, facilitate the accelerated market entry of innovative drugs, optimize bulk drug procurement, and further enhance the predictability of medical device product procurement.
Encourage Foreign Equity Investment in China:
Implement the "Administrative Measures for Strategic Investment by Foreign Investors in Listed Companies," issue operational guidelines for strategic investment, and increase promotion efforts to listed companies, overseas funds, and investment institutions, guiding more high-quality foreign investment into Chinese listed companies.