Restrictions on investing to be lifted

Restrictions on foreign investment in the manufacturing sector will be lifted with the release of the 2024 version of the negative list for foreign investment access, China’s top economic planner announced yesterday.

Jointly issued by the National Development and Reform Commission and the Ministry of Commerce, the negative list, effective November 1, reduces the number of restrictions from 31 to 29, achieving zero restrictions on the manufacturing sector.

The release and implementation of the 2024 version of the national negative list is an important step in building a new system of higher-level open economy, an NDRC official said. The NDRC will work with the MOC and other departments and regions to further implement the system of pre-establishment national treatment plus a negative list.

Useful tools:

1. China’s new Negative List (Chinese edition)
2. click here to see Youly’s service on enterprise formation in China
3. link to Chinese official FDI guide website