Henan to Offer More Preference for Foreign Investment

It was known by the reporter from Henan Provincial Government that the province will provide preference for foreign investment in such aspects as land, taxation and capital so as to better exert the active role of foreign investment in boosting scientific innovation, industrial upgrading and regional coordinated development.

The provincial government determined to further expand the open areas, optimize the land allocation and delegate part of environmental protection examination and approval authorities of foreign-funded projects to lower level, execute the agency system of foreign-invested projects without compensation across the province, encourage foreign investment in the modern service industry including high-end manufacturing, hi-tech industry, new energy and energy-saving and environmental protection industry, modern agriculture, commerce, tourism, medical treatment, finance, insurance and education and continuously encourage foreign businessmen to develop the labor-intensive industries qualified for environmental protection in the province.