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Jul 28, 2018

Simplifies the negative list for foreign investment

On 28 July 2018, the Special Administrative Measures for Foreign Investment (Negative List) (2018 Edition), issued by the Ministry of Commerce and the National Development and Reform Commission (“NDRC”) came into effect, replacing sections of the 2017 Catalogue of Industries for Guiding Foreign Investment, which was promulgated on 28 June 2017. Compared to the 2017 entries, the 2018 list relaxes or removes restrictions on foreign investments in several areas. The document also sets out plans and timelines for planned further relaxations of rules on foreign investment in specific sectors such as vehicle manufacturing, securities and futures.

Type: Entry and establishment (Ownership and control)

Industry: Not industry specific