Optimizing business environment
The measures introduce comprehensive provisions to safeguard national treatment for foreign-invested enterprises, strengthen the protection mechanism for their legitimate rights and interests, and refine service mechanisms for foreign investment operations.
The policies guarantee that foreign-invested enterprises will have access to all municipal enterprise development policies in accordance with the law. In government procurement activities, domestically produced goods and services provided by foreign-invested enterprises will receive equal treatment as their domestic counterparts, with any discriminatory practices against foreign-invested enterprises being investigated and penalized as legally required.
The measures encourage foreign-invested enterprises to participate in drafting international and national standards, and guarantee equal treatment in Xiamen's standardization initiatives. The city will also promote their participation in BRICS standardization services as well as standardization innovation research.
To provide continuous support, Xiamen will establish a comprehensive, full-lifecycle service system for foreign-invested enterprises. Dedicated task forces will be assigned to facilitate the early implementation of major and key foreign-funded projects. The city will actively implement its enterprise benefit service initiative to promptly address the legitimate needs of foreign-invested enterprises and proactively resolve operational and production challenges they encounter.
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.
