Wed Dec 26, 2018, 12:34 PM

Negative list helps boost opening-up... China's private sector

China rolled out a shortened Market Access Negative List on Tuesday as a further move to standardize regulations in a transparent way and help level the playing field for foreign enterprises and private firms.

The list, released by the National Development and Reform Commission and the Ministry of Commerce, consists of 151 items and 581 specific rules, down by 177 and 288, respectively, compared with the previous draft version.

Industries not on the list are open to investment from all market players, domestic and foreign.

Foreign investors must abide by the Foreign Investment Negative List, which took effect in July, in addition to the newly updated Market Access Negative List.

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