ANNOUNCEMENT 30 Jun 2019
June 30th, 2019 - The Chinese government released a list of sectors subject to minimal restrictions for foreign investors.
NUMBER OF INTERVENTIONS
1
SOURCE
PRC National Development and Reform Commission, June 30th, 2019. (中华人民共和国国家发展和改革委员会中华人民共和国商务部令第27号 《鼓励外商投资产业目录(2019年版)》)
http://www.ndrc.gov.cn/zcfb/zcfbl/201906/t20190628_940276.html
On June 30th, 2019, two Chinese ministries (Ministry of Commerce and National Development and Reform Commission) jointly released a new catalogue of 'Encouraged' areas for inward foreign investment.
Compared to previous editions of the list (the separately released national edition and central and western areas edition, both from 2017; see related measures), 121 items have been newly added, as summarised below:
Specifically for the western and central regions of China (which are traditionally less developed), the 2019 Encouraged List adds to the catalogue firms that contribute to the application of advanced technology to industries that are traditionally very labour-intensive (it does not specify more than this, so all manufacturing sectors are included in the taxonomy).
This new list goes into effect from July 30th, 2019.
AFFECTED SECTORS
AFFECTED PRODUCTS