China's State Council on further foreign capital attractions:
To reduce the negative list for foreign investment access, expand the opening up for telecommunication and healthcare sectors, and scrap the negative list of manufacturing.
To expand access to foreign financial institutions in the banking and insurance sectors.
To expand the business scope for the domestic bond market, allow foreign financial institutions to underwrite onshore bonds.
To expand pilot projects for Limited Partners investments and to broaden the range of investments the fund can make.
To provide partial tax exemption for foreign investment projects that reinvest in China.
To eliminate policy measures that violate fair competition.
To facilitate visa procedures for foreign businesses, extending the visa period for relevant foreign company personnel and their family members up to two years.
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