China will mull the feasibility of further removing or relaxing foreign ownership restrictions to draw more global investors, the Ministry of Commerce said Thursday.
While continuing to shorten its negative list for foreign investment, the country will strive to improve its business environment and better serve foreign companies, said ministry spokesperson He Yadong at a press conference.
The country has revised its negative list for foreign investment for five consecutive years, with barriers to foreign ownership reduced in sectors including seed, automobile, vessel and aircraft manufacturing, securities, banking, and insurance, the spokesperson said.
