Premier Li Keqiang of the State Council presided over the executive meeting of the State Council on May 30 to determine measures for further active and effective use of foreign investment, promote the opening up of the country to promote economic upgrading, and decided to reduce import tariffs on consumer goods in daily terms to better meet the diverse consumer needs of the people; Establish a rehabilitation system for disabled children and give them more help and care.
Completed the revision of the negative list of foreign investment access before July
The meeting pointed out that in accordance with the arrangements of the Party Central Committee and the State Council, a more fair, transparent, and convenient foreign investment environment should be created to promote a comprehensive and open new pattern and strive to maintain China’s status as a global destination for foreign investment.
The meeting determined: First, to relax market access. To implement the commitment to cancel or relax restrictions on foreign investment in manufacturing industries such as automobiles, ships, and airplanes. To improve the system of qualified foreign investors and actively introduce foreign traders to participate in crude oil, iron ore Stone and other futures trading, support for foreign financial institutions to participate more in the local government bond underwriting. Second is to upgrade the standard of international investment promotion. Before July 1 this year, we must complete the revision of the negative list of foreign investment access. Total investment in the list The establishment and change of foreign-funded enterprises under 1 billion U.S. dollars is devolved to provincial-level governments for approval and management. Simplification of foreign-workers' work permit licensing procedures in China. Eligible foreign talents for registered companies in China can be issued within 2 working days. Visa. The third is to protect the legitimate rights and interests of foreign capital. Cracking down on infringement and counterfeiting, infringement of commercial secrets, malicious trademark registration, etc., greatly increase the legal compensation limit for infringement of intellectual property rights. Fourth, strengthen the role of an important platform for the use of foreign capital in national development zones, and promote the use of demonstrations. The level of foreign investment. Fifth, we must improve and make good use of credit, land, social security and other support policies to reduce enterprises. Industry operating costs. Guide foreign investment more in the central and western regions and modern agriculture, ecological construction, advanced manufacturing, and modern service industries.
Decrease in tariffs for daily consumer goods such as household appliances from July
The meeting pointed out that further reducing the import tariffs on daily consumer goods will help expand the opening up, meet the needs of the masses, and push the product up to quality and industrial upgrading. The meeting decided that starting from July 1 this year, clothing, shoes, hats, kitchens and sports and fitness products will be provided. The average tax rate for import duties decreased from 15.9% to 7.1%; the average tariff rate for import duties on household appliances such as washing machines and refrigerators fell from 20.5% to 8%; the average import tariffs on imported foods for processed foods such as farmed fishery, fishing aquatic products, and mineral water were reduced. From the 15.2% to 6.9%; The average tariff rate on imports of cosmetics and some medical and health products such as detergents and skincare, hairdressing, etc. fell from 8.4% to 2.9%. The relevant departments should implement tax reduction measures to prevent intermediate links from increasing profits, To benefit consumers and promote the competitiveness of domestic industries.
In 2020, children with disabilities should be basically fulfilled
To better protect the rights of children with disabilities, the meeting decided to establish a rehabilitation and rehabilitation system for children with disabilities. From October 1st this year, children with disabilities and autism with sight, hearing, speech, physical, mental, and other disabilities will be eligible for age 0-6 years. Children, including economically disadvantaged families, disabled children adopted by welfare agencies, and orphans with disabilities, etc., provide assistance in surgery, assistive device disposition, and rehabilitation training. Relief funds are included in budgets of local governments at or above the county level, and the central government gives appropriate subsidies. Basically by 2020 Children with disabilities should be rescued to save. This group of documents according to Xinhua News Agency
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