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2026-05-26 10:39:36
[Ministry of Commerce: Will Attract More Multinational Corporations to Place R&D and High-End Manufacturing in China] At a press conference held by the State Council Information Office regarding the 2026 Qingdao Summit for Multinational Corporation Leaders, Vice Minister of Commerce Yan Dong stated that the Ministry will optimize the investment structure and activate new momentum for foreign investment. The Ministry of Commerce has issued and implemented the 2025 edition of the "Catalogue of Industries Encouraging Foreign Investment," adding 205 new encouraged categories. The focus is on advanced manufacturing, modern services, high technology, and energy conservation and environmental protection, providing policy support for foreign-invested enterprises to expand into high-end and emerging fields. The next step will be to attract more multinational corporations to place their R&D and high-end manufacturing in China, resulting in a more optimized investment structure and stronger innovation momentum for foreign businesses in China. (Xinhua News Agency)
