- MEDIA CENTER
China has issued 24 new guidelines to attract more global capital and further optimize the country's business environment for multinational corporations.
China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday.
Central authorities recently announced the implementation of a plan to support the high-quality development of Guizhou province's culture and tourism industry.
Since the beginning of this year, Southwest China's Guizhou province has released about 40 policies to reduce taxes for market entities, helping the service industry resume development, boosting the recovery of the industrial sector, and stimulating the consumer market.
The pledge by China's top leadership to unleash the positive role of private capital while preventing its unchecked and reckless expansion has underscored top policymakers' desire to refine capital regulations to revive investment activities amid economic downturn while ensuring fair competition and better protection of public interests, experts said.
Southwest China's Guizhou province recently issued a plan setting goals, tasks and measures to boost the high-quality development of the new energy battery and battery material industries in 2022.