Ten ministries and commissions including the Ministry of Commerce issued opinions on the promotion of the internationalization of strategic emerging industries

Ten ministries and commissions including the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology jointly issued guidelines on promoting the international development of strategic emerging industries. The opinions put forward that the focus should be on promoting the internationalization of seven industries, such as energy conservation and environmental protection, new energy, new generation of information technology, biomedicine, high-end equipment manufacturing, new materials, and new energy vehicles, and encouraging these seven industries to “go global” for overseas investment and mergers and acquisitions. Absorb new technologies.

The opinions will focus on the bio-industry as an internationalization drive. Encourage all-round international cooperation, make full use of global innovation resources, enhance innovation capabilities, support the merger and reorganization of domestic companies such as bio-medicine and biological breeding, foster large-scale transnational operation groups, encourage enterprises to undertake international pharmaceutical R&D and production outsourcing, and support conditional organisms Pharmaceutical companies "go global" and carry out foreign investment and cooperation; through foreign aid and other means, they drive bio-breeding companies to conduct transnational operations.

The comments pointed out that through government guidance, up and down linkage, and strive to reach the end of the “Twelfth Five-Year Plan”, the strategic division of new industries has significantly improved their international division of labor status, and the competitiveness of internationalized entities has increased significantly. The scale of trade and investment has been steadily increasing. A multi-level international development system has taken shape. Encourage relevant industries to use global innovation resources, enhance industrial capabilities, and at the same time develop and use the international market and change the mode of trade development.

The comments pointed out that these seven industries should be encouraged to “go global” to invest in overseas acquisitions and absorb new technologies. Among them, for the new materials industry, support for domestic companies to acquire new foreign material companies and R&D institutions to strengthen international operations; encourage foreign companies that produce high value-added products to invest in factories in China, optimize import and export product mix, and improve import and export management measures , increase support for the import of new materials products and technologies, encourage high value-added new material products to open up the international market, and encourage new material companies to merge and reorganize.

For the new energy automotive industry, opinions were put forward to promote the development of traditional auto manufacturing enterprises in the field of new energy vehicles, foster local leading enterprises and multinational companies of new energy vehicles, encourage overseas applications for patents, encourage participation in the formulation of international standards, and gradually align with international standards; Industrial alliances and industry intermediary organizations regulate the market order; encourage new energy auto parts enterprises to "go global" and invest in overseas factories.

In addition, the comments stressed that the revision of the "Guidelines for the High-tech Industrialization of Current Development Priority" etc. supplements and improves the content of strategic emerging industries, encourages foreign investment in strategic emerging industries, expands the use of foreign capital channels, encourages foreign investment in setting up venture capital enterprises, Improve the exit mechanism.

At the same time, the approval procedures for overseas investment by enterprises should be simplified, foreign exchange spending on overseas investment by enterprises should be further increased, and the autonomy of enterprises’ overseas investment should be expanded; enterprises that meet the requirements of new energy, aerospace, new energy vehicles, and high-end equipment manufacturing industries should be encouraged to invest abroad. To build factories, the bio-breeding industry set up production demonstration parks overseas.

The opinions also pointed out that we must increase support for fiscal and taxation financial policies, improve convenience measures, and actively respond to international trade protectionism. We must lay a solid foundation for the domestic market, foster domestic market demand, and create a favorable environment conducive to fair competition between domestic and foreign companies.