The Ministry of Commerce and two other departments have issued the "Action Plan for Using Foreign Investment to Stabilize and Strengthen the Economy", and will take multiple measures to ensure the stability of foreign investment.

According to the Zhitong Finance APP, on June 22, the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance issued a notice on the "Action Plan for Utilizing Foreign Capital to Enhance Stability and Promote Excellence." The "Plan" proposes 15 measures in 5 areas to promote the utilization of foreign capital for stability and excellence. Addressing hot topics such as foreign mergers and acquisitions, cross-border data flow, and reinvestment of foreign capital in China, efforts will be made to enhance the convenience of foreign investment. It is specified to accelerate the revision and promulgation of regulations on foreign investors acquiring domestic enterprises; to support free trade zones and pilot cities for expanding the opening of the service industry, explore in more areas the establishment of negative lists for the export of data; implement tax incentives for foreign investors to directly invest in profit distribution; and improve support policies for foreign-funded research and development centers.