China on Friday published measures aimed at promoting overseas investment in the country’s technology sector, in a latest bid to attract foreign investors amid signs some are considering shifting away from the world’s second-largest economy.
China will support overseas institutions to issue yuan bonds in the country, and also encourage tech companies, including foreign-invested ones, to raise money via bond issuance, the commerce ministry said in a statement.
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The government will also facilitate foreign investment in Chinese tech firms via an inbound investment scheme.
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