On March 5, delivering the annual government work report on behalf of the State Council, Premier Li Qiang put forward the goal of further expanding high-standard opening-up while outlining this year’s government work priorities in the annual government work report. 

The specific measures for expanding two-way investment cooperation are as follows:

Expanding two-way investment cooperation

Deepen reform of the institutional framework for promoting foreign investment and ensure national treatment for foreign-funded enterprises.

Implement a new edition of the Catalog of Encouraged Industries for Foreign Investment, and encourage foreign-funded enterprises to reinvest in China and expand production locally.

Enhance services and support for foreign-funded enterprises to make China a favored destination for foreign investment.

Better regulate and upgrade development zones and industrial parks of all types.

Guide the overseas distribution of industrial and supply chains in a rational and orderly manner.

Improve comprehensive overseas services and do more to prevent and control outbound investment risks and protect China's overseas interests.