Shandong has launched 20 new measures to bolster the stability of foreign investment.

The province will manage its pre-establishment national treatment and negative list and encourage foreign investment in new areas.

Shandong is encouraging foreign investment in its top 10 industries. The province will focus on attracting the headquarters of multinational companies and on strengthening its manufacturing sector.

It will formulate more measures on capital, land, energy consumption and emissions to ensure the implementation of key foreign-invested projects. 

It will also increase policy support for foreign-invested enterprises in finance, taxes, talent and more.

It will simplify the procedures for the establishment and alteration of foreign-invested enterprises, and ensure that they enjoy equal rights with domestic enterprises in government procurement, qualification licensing, standard setting and other aspects.