Catalogue of Industries Encouraging Foreign Investment (2025 Edition) Officially Released
ISSUING AUTHORITIES:
National Development and Reform Commission
Ministry of Commerce
approved by the State Council
DATE OF ISSUANCE:
December 15, 2025
EFFECTIVE DATE:
February 1, 2026
Recently, with the approval of the State Council, the National Development and Reform Commission and the Ministry of Commerce jointly released the Catalogue of Industries Encouraging Foreign Investment (2025 Edition) (the “Catalogue”).
The 2025 Edition of the Catalogue contains a total of 1,679 items, representing a net increase of 205 items and revisions to 303 items compared with the 2022 Edition. Under the nationwide catalogue, newly encouraged sectors include nucleic acid–based pharmaceuticals, intelligent inspection and testing equipment, and virtual power plant operation. In the services sector, newly added encouraged industries include pet hospitals, sports tourism, and “Internet Plus” medical and healthcare services. The regional catalogue adds encouraged industries such as cruise tourism, ice and snow equipment, computing power infrastructure software and hardware, and wind power plant operation.
Foreign investment in encouraged industries may enjoy preferential policies, including exemption from import duties on imported equipment, priority supply of land with preferential pricing, a reduced enterprise income tax rate of 15% for eligible enterprises in western regions and Hainan, and tax credits for profit reinvestment.
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