China unveils negative list for foreign investment in FTZs
A new negative list for foreign investment in China’s currently 11 Pilot Free Trade Zones became effective 30 July 2018. The list, issued by NDRC and the Ministry of Commerce, further reduces the number of sectors in which restrictions for foreign investors apply. The document, officially called “Special Administrative Measures for Foreign Investment Access in the Pilot Free Trade Zone (Negative List) (2018 Edition)”, allows broader foreign access in sectors such as the seed industry, oil and gas, mineral resources, value-added telecommunications, and culture. New measures on value-added telecommunications had been trialled in the Shanghai Pilot FTZ prior to being applied more broadly to all PFTZs.
Type: Entry and establishment (Ownership and control), Promotion and facilitation (Special economic zones)
Industry: Not industry specific, Services (Construction)
- Ministry of Commerce of People's Republic of China, Order of the NDRC and MOFCOM of the People's Republic of China No.19 on Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (2018 Edition), Jun 30, 2018
- The State Council of People's Republic of China, China unveils negative list for foreign investment in FTZs, Jun 30, 2018