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China slims negative lists and more sectors have the opportunities to investment.

July 09 2019

On June 30, the China Development and Reform Commission and the Ministry of Commerce issued the 2019 edition of the Catalogue of Encouragement of Foreign Investment Industries. This time the list continues to relax restrictions, open areas,  more industries will have the opportunity to invest in the Chinese market.

The total number of entries is 1,108, of which 415 are national catalogues, an increase of 67 compared with the 2017 edition; and 693 in the central and western catalogues, an increase of 54 compared with the 2017 edition. Overseas companies can enjoy preferential policies in accordance with the law in more industry sectors. 

This list mainly involved the fields of transportation, culture, value-added telecommunications, agriculture, mining and manufacturing. Special attention is that ,with the advancement of industrial upgrading, you can find new opportunities in the fields of traditional industry transformation, high-end manufacturing, intelligent manufacturing, and green fields. This time China will also attract more technical levels. 

Not only that, but while canceling the restrictions ,various local provinces and cities will also introduce relevant preferential policies to attract enterprises. For example, from now on, foreign companies will be exempted from importing their own equipment tariffs and withholding income tax. They can also enjoy local land concessions and financial support. In addition, which choose to invest in the Midwest areas can also enjoy some policies in the central and western regions of China. For you, this is an excellent opportunity to invest in the Chinese market. 

China's vast market, low investment costs, and preferential policy measures are powerful attractions for com panies to enter their market. In particular, broad and promising market background has always been the primary consideration.

Otherwise,in the face of diversified industrial layout and complex market environment, it is a big problem for overseas companies to find their own positioning and better invest in China.

About this problem, Tanikawa can provide excellent solutions. As a localized company, we has deep cooperation with nearly 100 governments and parks , whats more ,we have an in-depth understanding of local government and park information. Understanding the specific situation of the industrial distribution of various areas across the country, and can help you to quickly connect and accurately match. 

In the process of selecting sites, we can conduct regional screening and field visits according to the specific positioning of foreign industries. And about docking negotiations with the government, can implement relevant procedures and implement a series of site selection links such as final settlement and follow-up services. Recently, we have helped the Dutch Royal Enterprise DSM Group, Finland Kemppi OY, the United States Sealy silk and other companies successfully selected in China. 

If you have the intention to come to China, please contact us, and we will provide you with the specific information before investing.