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Foreigners Encouraged To Invest In More Industries


China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve.
The National Development and Reform Commission and the Ministry of Commerce on Monday released a revised 2020 catalog of industries in which foreign investment is encouraged.
The new edition, set to be effective on Jan 27, has added 127 items from last year’s version for a total of 1,235 items both for nationwide implementation as well as a secondary catalog applicable specifically to central and western regions.
According to the NDRC, newly added and revised listings of industries also include 5G, blockchain, maintenance of high-end equipment, online education and online health services.

Post time: 2020/12/31 13:48:26 Hits:166

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