State Council of China unveiled a document on Sunday detailing its strategy aimed at optimizing and attracting foreign investment in the country "more effectively."
Under the proposed measures, the country will provide guarantees under which it would protect the interests and rights of foreign investors and allow for more foreign capital in key areas, while providing supportive fiscal and taxation policies to foreign-invested enterprises.
In addition, the measures aim to create "a convenient security management mechanism for cross-border data flows," as well as expand foreign investment promotion channels.