Issued by:   National Development and Reform Commission, Ministry of Commerce

Issue No.:   Decree No. 37 of 2025

Release Date:   December 15, 2025

Effective date:   February 1, 2026

Links:   https://www.ndrc.gov.cn/xxgk/zcfb/fzggwl/202512/t20251224_1402564.html

The 2025 edition of the Catalog features a total of 1,679 items, representing a net increase of 205 items and revisions to 303 items compared to the 2022 edition. It includes 619 national entries and 1,060 regional entries (applicable to central and western regions, northeastern regions, and Hainan Province), further sending a firm signal of advancing high-level opening up and attracting and utilizing foreign investment.

• Major revisions are as follows:

1.  1）Advanced Manufacturing Sector: The national catalog continues to prioritize manufacturing as a key area for encouraging foreign investment. New items include R&D and production of zero-field magnetic medical equipment, intelligent testing equipment and instruments, high-speed cameras, smart energy management systems and related metering, testing and monitoring equipment, as well as R&D and manufacturing of key basic components for robots.
2.  2）Modern Service Sector: The national catalog takes promoting the development of producer services as a key focus of the revision, and adds items such as the operation of generic technology platforms or service platforms for new materials, and modern high-end shipping services. At the same time, it actively supports the all-round boost of service consumption, and includes more service consumption items in the national encouraged scope, such as pet hospital and pet grooming services, sports tourism services, travel agency operation, camping industry consulting, planning, design and operation services, homestay design, brand development and operation services, property services, and internet-based medical and health services.
3.  3）Increased Guidance of Foreign Investment to Central, Western, and Northeastern Regions: Efforts are intensified to guide more foreign investment to these areas. Examples include newly added items such as the R&D and manufacturing of ice and snow equipment in Heilongjiang Province, marine environment governance, ecological restoration, and ecological demonstration project construction in Hainan Province, the R&D and production of fundamental hardware and software for computing power in Guizhou Province, and the operation of wind farms in Qinghai Province.

• Foreign investments in the encouraged categories are eligible for the following four main preferential policies:

1.  1）Imported self-use equipment, within the total investment amount, is exempt from customs duties, except for products that are not eligible for duty exemption as stipulated by national regulations.
2.  2）Investments in the western region and Hainan Province are eligible for a reduced corporate income tax rate of 15%.
3.  3）Encouraged industrial projects with intensive land use enjoy priority and flexible land supply, with the minimum transfer price set at no less than 70% of the national minimum price for industrial land transfer in the corresponding grade.
4.  4）Overseas investors who reinvest profits distributed by domestic enterprises in China into industries covered by this Catalog, and meet relevant conditions, may enjoy tax credit benefits.