City sets out guidelines to attract high-end industry investors

China's capital city pledged to step up efforts to attract investment into high-end sectors as the municipal government advances economic restructuring, said a senior official.

"In the second half of this year, we will forcefully guide foreign investment into high-end projects while actively promoting projects in high-tech industries and strategic emerging industries," Zhou Weimin, head of Beijing Investment Promotion Bureau, said at a recent meeting.

"We will actively adjust industries that are not in line with the city's strategic orientation while effectively enhancing high-end industries fitting into the city's orientation through attracting corporate headquarters, talent, technology, brands and exhibitions linked to such industries," Zhou said.