China to launch new measures to better utilize foreign investment

China will introduce new policies and measures for further utilizing foreign capital, according to a press conference held on Tuesday by the Information Office of the State Council in Beijing. The State Council plans to issue the "Opinions on Better Utilization of Foreign Investment" soon, putting forward 20 specific measures in four aspects, according to officials.

The Opinions requires the setup of comprehensive bonded zones in eligible central and western Chinese regions with development needs under certain circumstances. China will support foreign-invested enterprises to make independent choices on their own ways of borrowing, and encourage the use of foreign capital in domestic equity investment in accordance with the law.