A recently-issued guideline containing a raft of detailed and concrete policy incentives aimed at maintaining China's foreign trade and optimizing trade structure comes at a critical time.
China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday.
Regulations on optimizing the business environment will take effect on May 1 in Wuxi, East China's Jiangsu province.
Attracting foreign investment for research and development centers would be a critical strategy for China to upgrade its industrial structure.
Wuxi in East China's Jiangsu province released 10 measures on Jan 4 to improve foreign capital utilization.
Eight measures to support the stable development of small, medium and micro-enterprises were implemented in Wuxi on Nov 4, according to the municipal development and reform commission.
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors.
Wuxi National Hi-tech District (WND) has released 12 measures to improve innovation with the aim of building a first-class high-tech park.
All graduates under 45 years old from domestic and foreign colleges and universities or who have acquired technical titles are eligible to enjoy a wide range of preferential policies if working and living in Wuxi.
Wuxi in East China's Jiangsu province launched a new talent program recently to attract elite workers to help boost its modern industry.