China’s foreign investment laws provide that Investment Attraction comprises government promotional activities designed to attract foreign investors. This designation excludes stimulus payments, investment screening, or negotiations with foreign investors, although public bodies tend to combine those activities with investment attraction. In China, investment attraction is primarily done through quasi-governmental organizations; there are no private sector investment attraction organizations.
China’s investment attraction policy states that China’s main goal is to improve its region’s image and to raise awareness about the quality of its investment environment. Government bodies are authorized to utilize a wide variety of methods to attract foreign funding, technology, and distribution channels. Services may be provided to foreign investors to attract additional foreign capital. Feedback on policy is also sought to encourage the government administration to improve its investment policies.
Further Reading
See our comprehensive resources on China’s Foreign Investment Law. and an overview of FDI regulation in our Foreign Investment Law FAQ.
Relevant Laws
Foreign Investment Act of China (& Administrative Regulations)
State Council Opinion on Foreign Investment
Translation Guide
See: 投资促进