Published by ChinaMNC · Xishan

What China's 77th Anniversary Reception Signals for Foreign Founders Operating in China

A ChinaMNC briefing for foreign founders on the policy themes raised at the September 30 reception marking the PRC's 77th anniversary, and what they mean for company registration and operations in China.

China Marks 77 Years: The Policy Signals Foreign Founders Should Watch

On the evening of September 30, a reception marking the 77th anniversary of the founding of the People's Republic of China was held at the Great Hall of the People in Beijing. According to Xinhua, President Xi Jinping attended and delivered an important speech. Premier Li Qiang presided over the reception, and Zhao Leji, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng were also present. Around 800 Chinese and foreign guests attended.

For foreign founders registering or running a company in China, the event itself is ceremonial, but the policy language in the speech is worth reading closely. It sets out the government's stated priorities for the economy, reform and opening up, and the business environment in the period ahead. Below is a practical summary of what was said and how it may matter for your China operations.

The Economic Message: Resilience and a Push Toward New Growth

What was said

Xi described the past 77 years as a period in which the Communist Party of China has led the people in creating two notable outcomes: rapid economic development and long-term social stability. He said the first centenary goal of building a moderately prosperous society in all respects had been achieved, and that the country is now working toward the second centenary goal of building a great modern socialist country.

Turning to the current year, Xi said the party and the country have been implementing the 15th Five-Year Plan and advancing work across various areas. In his description, the economy has withstood pressure, moved toward new and better-quality growth, and shown strong resilience and vitality. He called for adhering to the general principle of seeking progress while maintaining stability, fully and accurately applying the new development philosophy, accelerating the construction of a new development pattern, further deepening reform and opening up, better coordinating development and security, promoting sustained improvement in the economy, safeguarding and improving people's livelihoods, and striving to meet the year's targets so as to get the 15th Five-Year Plan off to a good start.

What it means for founders

• Reform and opening up remain stated priorities. The speech explicitly calls for further deepening reform and opening up. For foreign-invested enterprises, this is the category of policy language that historically precedes measures affecting market access, licensing and cross-border business.
• The 15th Five-Year Plan is the planning frame. If you are building a multi-year China strategy, the plan and its implementation are the reference documents to monitor, because they shape where local governments direct incentives and administrative attention.
• Quality-oriented growth is the stated direction. The emphasis on "new and better-quality" development and on resilience suggests continued attention to sectors seen as innovative or strategic. Founders should track how these priorities are translated into local implementation.
• Development and security are to be coordinated. This phrasing indicates that compliance, data and risk management will remain part of the operating environment, not an afterthought.

Note that the source does not announce any specific new measure for foreign investment, tax, or registration. Treat the speech as directional rather than as a list of concrete entitlements.

Hong Kong, Macao and Cross-Strait Language

Xi said the government will firmly implement the "one country, two systems" policy, the principles of "Hong Kong people governing Hong Kong" and "Macao people governing Macao," and a high degree of autonomy. He expressed support for Hong Kong and Macao better integrating into and serving the country's overall development, and maintaining long-term prosperity and stability. He also called for deepening cross-strait exchanges and cooperation, resolutely combating "Taiwan independence" separatist forces, opposing external interference, promoting peaceful development of cross-strait relations, and advancing the cause of national reunification.

For founders, Hong Kong and Macao remain relevant as regional hubs and holding-company locations often used alongside mainland entities. The speech reaffirms the stated policy framework but does not introduce new operational rules. Companies with cross-strait exposure should continue to rely on specific regulations rather than on speech language.

Foreign Policy: Stability and Predictability

Xi said China will adhere to an independent foreign policy of peace, promote the implementation of the four major global initiatives, and advance the building of a community with a shared future for mankind, so as to inject more certainty and positive energy into a world marked by change and turbulence.

The practical takeaway for foreign founders is the stated emphasis on certainty. Cross-border businesses typically care about predictability in visa processing, customs, currency and dispute resolution. The speech signals intent; actual procedures are governed by the relevant agencies and published rules.

Who Attended, and Why It Matters

The source lists a broad range of attendees beyond senior leaders: central party, state, military and mass-organization officials and Beijing municipal leaders; leaders of democratic parties, the All-China Federation of Industry and Commerce, and representatives of personages without party affiliation; recipients of national honors and awards in Beijing; national model workers and representatives of advanced individuals; representatives of ethnic minorities who have contributed to stability, development and unity in ethnic regions; representatives of Hong Kong and Macao residents, Taiwan compatriots, and overseas Chinese in Beijing; foreign diplomatic envoys, representatives of international organizations in China, and some foreign experts.

The presence of foreign envoys and foreign experts is a reminder that the government publicly frames international business and expertise as part of the reception's audience. It does not, however, create any new rights or procedures for foreign companies.

Practical Checklist for Foreign Founders

• Monitor the 15th Five-Year Plan. Follow how the plan's priorities are implemented locally, especially in the city or province where you intend to register.
• Keep compliance systems current. The coordination of development and security implies continued attention to data, labor and regulatory compliance.
• Use Hong Kong and Macao strategically. Their stated role in serving national development may affect regional structuring choices, but confirm details with advisers.
• Rely on published rules, not speeches. Registration, capital, tax and licensing requirements come from specific regulations and local authorities.
• Watch for opening-up measures. The speech reiterates reform and opening up; concrete changes will appear in published policies and pilot programs.

What the Source Does Not Say

The article contains no new tax rates, no new investment thresholds, no registration deadlines and no sector-specific incentives. Foreign founders should not treat the reception as an announcement of operational changes. It is a statement of priorities and tone.

Next Step

If you are planning to register or expand a company in China, the practical work is in entity selection, local registration, capital and tax compliance, and ongoing regulatory monitoring. ChinaMNC can help you map these steps against the current policy environment.

Foreign founders can contact ChinaMNC on WhatsApp / WeChat at +86 153 1898 8535 for help registering and operating a company in China.

This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.