China will seek to attract foreign investment in advanced manufacturing including artificial intelligence, semiconductors and 5G-related technology development, the National Development and Reform Commission said on Monday. Photo: AFP
China will seek to attract foreign investment in advanced manufacturing including artificial intelligence, semiconductors and 5G-related technology development, the National Development and Reform Commission said on Monday. Photo: AFP
Economy /  China Economy

China increases foreign investment list by 10 per cent including AI, semiconductors and 5G

  • A total of 127 areas have been added to the list of industries in which China will seek to encourage foreign investment, taking the total to 1,235 from 1,108
  • Foreign investors entering industries on the list will enjoy preferential policies related to taxation and land use

Reuters
Reuters

Updated: 10:24am, 29 Dec, 2020

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China will seek to attract foreign investment in advanced manufacturing including artificial intelligence, semiconductors and 5G-related technology development, the National Development and Reform Commission said on Monday. Photo: AFP
China will seek to attract foreign investment in advanced manufacturing including artificial intelligence, semiconductors and 5G-related technology development, the National Development and Reform Commission said on Monday. Photo: AFP
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