State Council

On August 12, the State Council issued opinions on what to do to further stabilize foreign trade and foreign investment.

The State Council issued several policies on promoting high-quality development of the integrated circuit and software industries

Zhejiang-based Fast Line has signed a strategic investment agreement at HIKVISION’s headquarters, and HIKVISION will become the second largest shareholder of Fast Line after the transaction.

On June 22, the General Office of the State Council issued the Implementation Opinions on Supporting the Transfer of Exported Products to Domestic Sales,” which was issued earlier than expected.

China will further shorten the negative list for access of foreign investment and open up more industries to foreign investment, so that foreign investment in more areas can enjoy the preferential policies including tax incentives equally, according to the executive meeting of the State Council hosted by Premier Li Keqiang on March 10.

On June 1, the State Council issued the Overall Plan for the Construction of Hainan Free Trade Port.
The plan includes overall requirements, system design, step-by-step arrangement and organization and implementation.

On June 1, 2020, the Central Committee of the Communist Party of China and the State Council issued the “Overall Plan for the Construction of Hainan Free Trade Port”.
The overall plan includes four parts: overall requirements, system design, step-by-step arrangement and organization and implementation.

Recently, China’s State Council issued the Opinions on Accelerating the Improvement of the Socialist Market Economy System in the New Era (“Opinions”).

On the basis of in-depth research, 11 financial reform measures will be launched in the near future, according to the unified deployment of the Finance Committee of the State Council.

On 18 May 2020, China’s State Council issued the Opinions on Accelerating the Improvement of the Socialist Market Economy System in the New Era (“Opinions”).