China to deepen reform of institutional framework for promoting foreign investment

BEIJING, March 5 (Xinhua) -- China will deepen reform of the institutional framework for promoting foreign investment this year, according to a government work report submitted Thursday to the country's top legislature for deliberation.

Greater efforts will be made to attract and utilize foreign investment in the 2026-2030 period, according to a draft outline of the 15th Five-Year Plan (2026-2030) also submitted Thursday.

The country will continuously optimize the foreign investment environment, improve services and support for foreign investors, and foster new strengths in attracting foreign investment, said the draft outline.

It also pledged to guide foreign investment to flow more to areas such as advanced manufacturing, modern services, new and high technology, as well as energy conservation and environment protection.