Three departments: promoting foreign investment in domestic reinvestment, vigorously attracting foreign enterprises to set up research and development centers in China.

The Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance have issued the "Action Plan for Utilizing Foreign Investment to Ensure Stability and Promote High-quality Development". It mentions the promotion of foreign investment for domestic reinvestment. Implementing tax incentives policies for overseas investors to reinvest profits directly, ensuring the precise release of policy dividends. More foreign investment enterprises reinvestment projects will be included in the list of major and key foreign investment projects, expanding the range of services and support. Vigorously attracting foreign investment enterprises to establish research and development centers in China. Improving support policies for foreign-funded research and development centers, facilitating the introduction of foreign high-level talents, supporting the establishment of open innovation platforms and training bases, developing new research and development institutions, increasing support for the transformation of innovative achievements, and enjoying tax incentives policies for importing scientific research equipment in accordance with the law.