According to the information released by the State Council, the "Catalogue of Industries Encouraging Foreign Investment (2020 Edition)" (Order No. 38 of the Ministry of Commerce of the Development and Reform Commission) has been reviewed and approved at the 11th Executive Meeting of the National Development and Reform Commission on November 5, 2020. Approved with the Ministry of Commerce, and approved by the Party Central Committee and the State Council, announced, and will come into force on January 27, 2021.

category covers

1. agriculture, forestry, animal husbandry, fishery

 2. Mining industry

 3. Manufacturing

 4. Electricity, heat, gas and water production and supply

 5. Transportation, warehousing and postal industry

 6. Wholesale and retail trade

 7. Information transmission, software and technical service industry

 8. Leasing and business service industry

9. scientific research and technical service industry

10. Water conservancy, environment and public facilities management industry

11. Education

12. Health and social work

13. Cultural, sports and entertainment industries and foreign investment catalogues in the central and western regions, etc.

From the above catalogue, dozens of industry directions, more than 700 industry refinements, the policy is to encourage and promote foreigners to invest and develop industries in China. Correspondingly, after setting up a business, foreigners must apply for residence in China (work visa) or permanent residence in China. If they are developed in the above-mentioned rules and supported by policies, entry and exit will also be handled preferentially.

 Below we cite Shenzhen’s policies as a case study, let’s take a look at how it helps.

In accordance with local policies, a guide for foreigners investing in Shenzhen to apply for permanent residence in China (Policy 3 of the Ministry of Public Security supporting Guangdong’s 16 new policies)

Policy 3: Foreigners can directly invest in Guangdong-Hong Kong-Macao Greater Bay Area or Jieyang Sino-German Metal Eco-city in the Guangdong-Hong Kong-Macao Greater Bay Area or Jieyang Sino-German Metal Eco City as a natural person or through a company with a natural person as the controlling shareholder. The investment situation is stable for three consecutive years, and the total investment amount is 1 million US dollars. (The "Catalogue for the Guidance of Foreign Investment Industries" promulgated by the state to encourage investment in industries totaling USD 500,000) or above and with a good tax record may apply for permanent residence in China.

 1. Application object

 If the investment situation is stable for three consecutive years, the total investment amount is 1 million U.S. dollars (the nationally promulgated "Foreign Investment Industry Guidance Catalog" encouraged industry investment totals 500,000 U.S. dollars) and a good tax record can apply for permanent residence in China.

 2. Application materials

(1) "Application Form for Permanent Residence of Foreigners in China (Investors and Their Spouses and Children)";

 (2) Submit the original valid passport and visa certificate of the applicant for inspection, and submit the photocopy;

(3) A health certificate issued by a health and quarantine department designated by the Chinese government (Shenzhen is the Huanggang Port Hospital) or a health certificate issued by a foreign health care institution certified by the Chinese embassy or consulate abroad (valid within six months from the date of issuance) );

 (4) A foreign criminal record certificate certified by the Chinese embassy or consulate abroad

 (5) A copy of the business license of the enterprise legal person and the annual inspection certificate (the valid period of the certificate should be 3 consecutive years before the applicant's application);

 (6) A copy of the foreign-invested enterprise approval certificate and the joint annual inspection certificate.

 (7) Capital verification report.

 (8) Personal tax payment certificate.

 (9) Other certification materials deemed necessary by the public security organs.

 Three, handling agency

The Exit-Entry Administration Bureau of Shenzhen Public Security Bureau is responsible for accepting and issuing certificates. The Guangdong Provincial Public Security Department is responsible for the review. The Ministry of Public Security is responsible for examination and approval and certification.

 Four, matters needing attention

The certification documents issued by relevant foreign institutions must be authenticated by the Chinese embassy or consulate in the country. Foreign language materials must be translated into Chinese, and the official seal of the translation company must be affixed to the translation and the copy of the translation company's business license.

  Summarize

 From the long-term plan, the policy-oriented industry development will greatly help the application of "China Green Card". In addition to the assistance of green channels, it also greatly reduces the difficulty of processing. Whether it is to develop careers, study for promotion, improve lives, etc., the conditions for foreigners to live in China are getting better and better.

 The summary is:

 To choose China is to choose the future.

The copyright of this article belongs to the original author, and some pictures are from the Internet. If there is any infringement, please contact the back office of this account, we will correct and delete it in time, thank you!