China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday.
Regulations on optimizing the business environment will take effect on May 1 in Wuxi, East China's Jiangsu province.
Attracting foreign investment for research and development centers would be a critical strategy for China to upgrade its industrial structure.
Wuxi in East China's Jiangsu province released 10 measures on Jan 4 to improve foreign capital utilization.
Eight measures to support the stable development of small, medium and micro-enterprises were implemented in Wuxi on Nov 4, according to the municipal development and reform commission.
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors.
Wuxi National Hi-tech District (WND) has released 12 measures to improve innovation with the aim of building a first-class high-tech park.
All graduates under 45 years old from domestic and foreign colleges and universities or who have acquired technical titles are eligible to enjoy a wide range of preferential policies if working and living in Wuxi.
Wuxi in East China's Jiangsu province launched a new talent program recently to attract elite workers to help boost its modern industry.
The draft Regulation on Implementing the Foreign Investment Law of the People's Republic of China was approved at the State Council's executive meeting chaired by Premier Li Keqiang on Dec 12.
Applications are now open for the "Taihu Lake Talent Plan" Leading Talents for Industrial Upgrading and Innovation for 2017.