Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China set to release new negative list for foreign investment
Published on: 2018-06-21
Share to
User Rating: / 0
PoorBest 

A Chinese worker installs solar panels at a photovoltaic power station in Lianyungang city east Chinas Jiangsu ProvinceChina has completed the revision of new negative list for market access of foreign investment and will make it public soon. Restrictions on energy, resources, infrastructure, transportation, commerce circulation, and professional services will be removed or loosened in the upcoming list, according to the report.
 

The country has already announced measures to further liberalize the finance and automobile sectors. The new negative list will have two sections, one for nationwide implementation and one for pilot free trade zones, it reported.

031Besides opening-up measures in 2018, the new negative list will unveil further measures for the next few years and there will be a transitional period for some industries.
 

The State Council decided at an executive meeting chaired by Premier Li Keqiang on May 31 that the negative list on the market access of foreign investors will be revised and released before 1st July.

030China has rolled out an array of measures to significantly broaden market access since the beginning of 2018, a year that marks the 40th anniversary of the country’s reform and opening-up policy.
 

Foreign investment in China hit a new high of 877.56 billion yuan (about 136.72 billion U.S. dollars) in 2017, up by 7.9% year on year.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.