Next year, China will increase the opening level of the industrial industry

Minister of Industry and Information Technology Li Yizhong stated at the National Conference on Industry and Information Technology on the 25th that next year China will implement policy measures such as export tax rebates to continuously increase the opening level of the industrial industry and create a sound environment for the healthy development of the industry.
Li Yizhong said that next year will focus on implementing export tax rebates and other policy measures to support the export of high-tech products, stabilizing the export of labor-intensive products, strictly controlling the export of "two highs" and resource-based products, and improving the quality and added value of export products. Support the expansion of advanced technology and equipment, import of key spare parts and important energy raw materials, and coordinate with relevant departments to regulate the import order of important resources such as iron ore. In-depth study and use of WTO rules, and actively respond to trade frictions and disputes.
Li Yizhong said that next year it will cooperate with related departments to encourage qualified companies to “go global” to develop resources, acquire companies, acquire brands, and contract projects, and guide the industry with mature technology and high-capacity industries to shift outwards. Increase the introduction, digestion and absorption of foreign advanced technology and management experience, encourage multinational companies to set up R&D centers in China, and encourage foreign investment in foreign companies to invest in industry to encourage catalog industry.
In addition, Li Yizhong said that next year will continue to deepen institutional and structural reforms. Specifically, it includes formulating measures to encourage private investment to enter the basic telecommunications and defense science and technology industry in an orderly manner, steadily promoting the organization; in line with the reforms of value-added tax, resource tax, resource product prices, and environmental protection charges, and in conjunction with the actual conditions of industrial communications, timely proposing policy recommendations. And implement measures; explore and establish a policy system that guarantees the orderly implementation of the triple play integration, make recommendations on sound institutional mechanisms, and cooperate with relevant departments to promote measures such as the reform of the salt industry management system.

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