The Chongqing Municipal Development and Reform Commission recently issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”, which proposes 16 policy measures in three dimensions: guiding foreign investment, facilitating investment and operation, and raising the level of protection in accordance with the principle of unity of domestic and foreign investment. The “Measures” suggest encouraging and guiding foreign investment into Chongqing's “416” scientific and technological innovation layout, participating in the construction of the “203060” key breakthrough system, supporting foreign-invested enterprises to set up R&D centers in Chongqing according to regulations, supporting eligible foreign-invested enterprises to participate in technical research, and providing equal policy support to domestic enterprises in accordance with regulations for projects that break through key core technologies in the industry. Foreign-invested enterprises are encouraged to cultivate and build municipal pilot platforms around the modern industrial system in Chongqing, and support when conditions are ripe to build a national pilot test platform.

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