China State Council's New Guidelines Aim to Boost Foreign Investment

China's State Council has issued guidelines aimed at improving the country's foreign investment environment and attracting more foreign investment. The guidelines include measures to protect the rights and interests of foreign investors, strengthen enforcement of intellectual property rights, provide fiscal support and tax incentives for foreign-invested enterprises, and explore a secure management mechanism for cross-border data flows. Despite these efforts, China has struggled to attract foreign enterprises and investors due to concerns over political risk and deteriorating relations with Western countries.