China Unveils 20-Point Plan for Foreign Investment

China has launched a comprehensive 20-point action plan to stabilize foreign investment amid declining foreign direct investments and geopolitical tensions, particularly with the US. Key measures include expanding market access in sectors like telecommunications, healthcare, and education, promoting foreign participation in China's equity markets, and simplifying processes for mergers and acquisitions. The plan encourages multinational corporations to establish investment companies and aims to treat foreign businesses similarly to domestic firms in unrestricted sectors. It guides high-quality foreign capital toward long-term investments and reflects China's broader strategy to enhance its appeal to foreign investors and facilitate high-level opening-up of the economy. This initiative comes as foreign direct investment into China saw the steepest decline since 2008.