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Recently, the National Development and Reform Commission and the Ministry of Commerce issued the Catalogue of Industries to Encourage Foreign Investment (2022 Edition) (hereinafter referred to as the Catalogue of Industries to Encourage Foreign Investment), which will come into force on January 1, 2023.

The revision and promulgation of the Encouragement Catalogue is an important measure to implement the decisions and arrangements of the CPC Central Committee and The State Council and further stabilize foreign investment. On the basis of keeping the existing encouraging policies basically stable, this revision will further expand the scope of encouraging foreign investment in accordance with the principle of "increasing the total amount and optimizing the structure". The "Encouragement Catalogue" includes the national Catalogue of industries to encourage foreign investment and the catalogue of industries with advantages for foreign investment in the central and western regions. The national catalogue focuses on the high-quality development of manufacturing industry and accelerates the promotion of technological iteration and upgrading on the basis of increasing the number of entries and optimizing the catalogue structure. On the basis of taking measures in accordance with local conditions and overall consideration of local resource endowments and industrial conditions, relevant entries have been added or expanded to further optimize the regional distribution of foreign investment.

The main changes are: First, continue to encourage foreign investment in manufacturing. The National catalogue will continue to focus on manufacturing as a key direction to encourage foreign investment, upgrade the level of industrial and supply chains, and add or expand items related to components, components and equipment manufacturing. Second, we will continue to guide foreign investment in producer services. The national catalogue will focus on promoting the integrated development of the service and manufacturing industries, adding or expanding items such as professional design, technical services and development. Third, we will continue to optimize the regional distribution of foreign investment. We will expand the scope of encouragement in the central and western regions by combining their comparative advantages in labor and characteristic resources.

It is understood that Encouraging Catalogue is an important policy of promoting foreign investment and an important industrial and regional policy of foreign investment in China. Foreign investment projects in line with the Catalogue of Encouragement may enjoy preferential treatment in taxation and land use in accordance with laws, administrative regulations or the provisions of The State Council.

Attachment:

Catalogue of Industries Encouraging Foreign Investment in China (Textile)

The textile industry uses non-woven, woven, knitting, three-dimensional weaving and other processes and new technologies such as multi-process composite and long-term finishing to produce functional industrial textiles.

Using intelligent digital printing and dyeing technology and equipment, dyeing and finishing of cleaner production technology (enzyme treatment, high efficient short process pretreatment, knitted continuous open-width pretreatment, low temperature pretreatment and dyeing, low salt, low urea or salt-free dyeing printing, small bath than air or gas fluid dyeing, digital ink-jet printing, bubble sort, etc.), functional finishing technology and new dyeing processing technology, composite materials processing technology Art, the production of high-grade textile fabrics; Development and application of intelligent creel dyeing technology and equipment.

Processing technology and production of special ANIMAL fiber, hemp fiber, mulberry tussah silk, colored cotton, colored mulberry cocoon silk and other natural fibers in line with environmental protection requirements.

Sorting, recycling and utilization of waste textiles.

Production and development of therapeutic healthcare textiles, artificial skin, absorbable sutures, hernia repair materials, new dialysis membrane materials, interventional catheters, high-end functional biomedical dressings, etc.

Textile clothing, clothing industry high count cotton yarn production. Garment and semi-finished garment production using computer integrated manufacturing system. Functional special clothing production.

Chemical fiber manufacturing industry differential, functional polyester (PET) continuous copolymerization modification [cationic dyeable polyester (CDP, ECDP), alkali soluble polyester (COPET), high shrinkage polyester (HSPET), flame retardant polyester, low melting point polyester, non crystal polyester, biodegradable polyester, polyester produced by green catalyst, etc.]; Research and development of efficient and flexible preparation technology for flame retardant, antistatic, anti-UV, antibacterial, phase change energy storage, photochromic, stock solution coloring and other differential and functional chemical fibers; Intelligent, super simulation and other functional chemical fiber production; The original development of high speed spinning processing green efficient environmental protection oil production.

Development and production of high performance fiber and products: Carbon fiber (CF), arylon (AF), aromatic sulfoxide (PSA), Ultra-high molecular weight polyethylene fiber (UHMWPE), polyphenylene sulfide fiber (PPS), polyimide fiber (PI), polytetrafluoron fiber (PTFE), polybenzodioxazole fiber (PBO), polyaromatic oxadiazole fiber (POD), basalt fiber (BF), silicon carbide Fiber (SiCF), polyether ether ketone fiber (PEEK), high strength glass fiber (HT-AR), poly (2, 5-dihydroxy-1, 4-phenopyridine and diimidazole) (PIPD) fiber.

Fiber and non-fiber production of new polyesters: poly (propylene glycol terephthalate) (PTT), poly (ethylene glycol naphthalate) (PEN), poly (cyclohexane dimethyl terephthalate) (PCT), diol modified poly (ethylene glycol terephthalate) (PETG), poly (lactic acid) (PLA, non-grain biomass as raw material).

Using new renewable resources and environmental protection technology production of biomass fiber, including the new solvent method cellulose fiber (Lyocell), bamboo, hemp, etc as the raw material of regenerated cellulose fiber, polylactic acid (PLA) fiber, chitin fiber, poly hydroxy fatty acid ester fiber (PHA), animal and plant protein fiber and poly (butyl diacid butyl glycol ester (PBS), etc.

Nylon 11, NYLON 12, NYLON 1414, NYLON 46, NYLON 56 (non-grain biomass as raw material), long carbon chain nylon, high temperature resistant nylon and other new polyamides, differential, functional, high value-added modified nylon (including nylon elastomer, copolymer nylon, nylon engineering plastics, flame retardant nylon) development and production. Landfill impermeable geomembrane development, production.

Special EQUIPMENT MANUFACTURING new textile machinery, key parts and textile testing, experimental equipment development and manufacturing. Computer jacquard artificial fur made by machine. Waste textile recycling and processing equipment manufacturing. Manufacturing of water-saving industrial equipment for high water consumption industries such as textile.

"Hongyang" brand polypropylene high strength yarn products have small color difference, good color fastness, high strength, and are widely used in decorative belts, safety belts, marking lines, etc.The company's main product:  polypropylene high strength yarn , polypropylene filament, polypropylene air change yarn，polyester air change yarn, ribbon.

Taixing Hongyang New Materials Technology Co., Ltd. has consistently adhered to the "excellent quality, customer first, quality service, adhere to the contract," the purpose, with high-quality products, good reputation, selling the country. Wholeheartedly with the domestic business win-win cooperation and common development!