BlockBeats News, July 23rd. According to the Securities Times, Meng Huating, Director of the Foreign Investment Administration Department of the Chinese Ministry of Commerce, stated at a press conference that in the second half of the year, they will continue to focus on the goal of using foreign investment to stabilize and improve, further shaping new advantages to attract foreign investment, and carry out various tasks to increase quantity, stabilize existing levels, and improve quality.

In terms of increasing quantity, they will continue to implement high-level opening-up to the outside world, prudently and orderly deepen opening-up pilots in areas such as value-added telecommunications, biotechnology, wholly foreign-owned hospitals, and vocational training institutions, support Beijing in improving the construction level of the national service industry comprehensive demonstration zone, and accelerate the revision and promulgation of regulations on foreign investors acquiring domestic enterprises.