Jiangsu province has unveiled new measures to strengthen foreign investment this year, aligning with the Action Plan for Stabilizing Foreign Investment jointly issued by the Ministry of Commerce and the National Development and Reform Commission.

Deepening opening-Up

Jiangsu will encourage foreign investment in key industrial clusters and support their participation in advanced manufacturing and new industrialization initiatives. The province aims to expand market access in the service sector, including allowing full foreign ownership of hospitals while promoting overseas capital in elderly care, cultural industries, and tourism. Additional incentives will be implemented to encourage foreign-invested enterprises to increase their equity stakes and reinvestment within Jiangsu.

Facilitating investment promotion

Jiangsu will continue organizing high-profile investment promotion activities such as the annual "Multinational Companies Jiangsu Tour" and the Taihu Entrepreneurs Forum. The province's development zones will offer enhanced support for multinational corporations establishing regional headquarters while fostering deeper international trade and technological cooperation.

Strengthening open-economy platforms

Jiangsu will enhance the role of its development zones by driving transformation in key sectors, optimizing evaluation systems, and leveraging provincial-level and higher zones as crucial platforms for stabilizing foreign investment. The province will also cultivate headquarters economy clusters. Efforts will include upgrading pilot free trade zones, increasing stress testing in foreign-accessible sectors like biopharmaceuticals, and advancing institutional openness in regulations, management, and standards. Additionally, Jiangsu will accelerate the development of international cooperation parks to deepen two-way trade and economic relations.

Enhancing government services

Authorities plan to strengthen communication channels with foreign investors through regular consultations and on-site visits to address operational challenges. Jiangsu will ensure fair participation in government procurement projects, expand financing options for foreign firms, and streamline visa processes to facilitate business travel. The province will also enhance efficiency in issuing certificates of origin and reinforce intellectual property rights protection, further optimizing its foreign investment ecosystem.

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