New Foreign Investment Opportunities in Western China
On Feb. 17, NDRC and MOFCOM released Catalog of Competitive Industries in Central and Western Regions for Foreign Investment, which goes into effect March 20, 2017. This Catalog covers 22 provincial districts, including the central and western regions, 3 northeastern provinces, and Hainan. Industries in this Catalog also qualify for incentive programs if listed under encouraged industries for foreign investments.
Noteworthy investment opportunities include:
- Broadband business and value-added telecommunications business (within the framework of China’s WTO commitments) in 21 provincial districts, including Shanxi, Inner Mongolia, Liaoning, Jilin, Heilongjiang, Jiangxi, Henan, Hubei, Hunan, Guangxi, Hainan, Chongqing, Sichuan, Guizhou, Yunan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, and Xinjiang
- R&D and manufacturing of intelligent robots in Inner Mongolia, Anhui, Jiangxi, Hunan, and Sichuan
- R&D and manufacturing of upstream & downstream products for semi-conductor illuminant materials in 5 provincial districts, including Anhui, Jiangxi, Chongqing, Sichuan, and Qinghai
- Manufacturing of large-scale digital integrated circuits with line width below 0.25 μm in Chongqing
- Construction of cross-border E-commerce retail centers and commodity import & export logistical distribution centers in Chongqing and Sichuan
- Development and manufacturing of photoelectronic techniques and products (including optical fiber preform, semiconductor light emitting diodes) in Hubei
- Development and manufacturing of electronic end-products, photoelectronic or electronic materials, electronic components, and parts in Hunan
- Development and production of precision electronic injection molding products in Sichuan
- Intelligent manufacturing and system integration services in Shaanxi
- R&D, production of integrated circuits and production of IC equipment in Shaanxi
- Development of technology for and production of intelligent terminal products such as smart mobile phones and tablets, and key components in Shaanxi
- Production of polycrystalline silicon with an energy-efficient low-cost technology in Ningxia
- Production of monocrystalline silicon with a diameter of greater than 200mm, polished silicon wafer and polycrystalline silicon in Xinjiang