Southwest China's Guizhou province recently released regulations to promote the development of its traditional Chinese medicine or TCM industry, according to a news conference held on June 29.
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery.
The center is responsible for offering consulting services regarding policies, rules, regulations and procedures of investment;to offer information regarding investment projects and to help investors with license applications and certifications.
China has launched favorable policies to stabilize and attract foreign investment.
The National Development and Reform Commission and the Ministry of Commerce released a revised industry catalog on Dec 28, 2020, that identifies more sectors encouraging foreign investment.
China will work to ensure that the registration of businesses will be entirely processed online before the end of the year in a further move to transform government functions and reinvigorate market entities, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.