Hainan Free Trade Port Negative List Eases Foreign Investment Access

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. The list will promote investment liberalisation and facilitation in the Hainan Free Trade Port and accelerate the formation of internationally competitive opening-up policies and systems.

Compared with the 30-item national negative list released in June 2020 for all pilot free trade zones, the Hainan negative list contains only 27 items. Partial easing is introduced in the following areas to support the Hainan Free Trade Port in becoming the pacesetter in opening up:

• Promote opening up in crucial sectors, such as value-added telecoms and education

• Expand commercial services

• Ease market access in the manufacturing and mining industries

Source: National Development and Reform Commission