Does equipment import count as foreign capital?

Not exactly. Foreign capital refers to the capital flowing in from other countries and regions in the form of sole proprietorship, joint venture and equity participation, with the main purpose of engaging in economic and social activities, under the premise of observing local laws and regulations, following the rules of market mechanism and based on the principle of mutual benefit. Equipment import is not foreign capital, but domestic equipment or goods, but equipment or goods produced or processed in bonded areas or free trade zones are sold to China, that is to say, they are imported from bonded areas or free trade zones through import declaration. Whether the enterprises in the bonded area or free trade area are foreign or domestic.