China has reaffirmed its commitment to improving conditions for foreign businesses during the ongoing 15th Five-Year Plan period (2021-2025), with officials pledging continued reforms through 2026. Chen Lei, head of the National Development and Reform Commission's Development Planning Department, announced on March 7 that authorities will strengthen service support systems and streamline market access procedures to attract global enterprises.
The initiative comes as China seeks to maintain its position as a top investment destination amid evolving global economic conditions. Recent measures include digitalization of administrative processes and expanded tax incentives for advanced manufacturing projects. Analysts suggest these efforts align with broader goals to upgrade industrial capabilities while fostering international partnerships in green technology and innovation sectors.
