China’s State Council released a plan to further attract foreign investment and improve the business environment, including tax and visa measures, as it seeks to bolster the flagging economy. China aims to attract more investment in key industries and encourage foreign companies to set up research and development centers in the nation, according to a statement posted on the central government’s website. It will help accelerate work on foreign projects in the biopharmaceutical industry and steadily increase trial areas for certain telecommunication services, according to the statement. Qualified foreign companies will ... (full story)