A list of business sectors where overseas investment is either prohibited or restricted has been issued by the government. The measures also feature guidelines related to the implementation of both this negative list and the Investment Law (2020), which came into effect as of 1 January this year. More
The General Office of the CPC Central Committee and the General Office of the State Council recently unveiled a joint action plan to guide the building of a high-standard market system in the next five years. More
The National Development and Reform Commission and Ministry of Commerce unveiled the 2020 negative list for foreign investment access in the Hainan Free Trade Port on 31 December 2020, which will come into effect on 1 February 2021. More
New rules passed by the Standing Committee of the Sixth Shenzhen Municipal People’s Congress, Regulations of Shenzhen Special Economic Zone on Optimising Business Environment, will come into force on 1 January 2021. More
The National Development and Reform Commission and the Ministry of Commerce jointly issued the Special Administrative Measures for Access of Foreign Investment (Negative List) (2020 Edition) and the Special Administrative Measures for Access of Foreign Investment in Pilot Free Trade Zones (Negative List) (2020 Edition) (Order Nos. 32 and 33) on 23 June 2020. The two negative lists will take effect on 23 July 2020 and supersede the previous lists. More
The Chinese Communist Party Central Committee and the State Council recently issued a guideline in a bid to accelerate the improvement of the socialist market economy in the new era. More
All Guangdong businesses must now ensure they are in compliance with the requirements of the National Market Access Negative List, with the province-specific Industry Access Negative List for the Major Function Zones of Guangdong (2018 Edition) (Yue Fa Gai Gui No. 12 [2018]) having been repealed. More
The State Council has announced a number of measures designed to ease overall market access within the mainland. These include a comprehensive revision of the market access negative list (including a reduction in the number of restricted sectors) by end-September 2019 and a particular relaxation of the market access stipulations with regard to the services sector. More
The number of sectors where foreign investment is restricted has been reduced from 48 to 40 on a national basis and from 45 to 37 in the case of businesses operating within one of the mainland’s Pilot Free Trade Zones. More
