Ecns wire

China to further reduce restrictions, offer easier market access for foreign investment

2023-04-19 Editor : Zhang Dongfang ECNS App Download

(ECNS) -- China is considering updating its negative list for market access and removing more restrictions for foreign investment entering the Chinese market, Meng Wei, spokesperson for the National Development and Reform Commission (NDRC), said Wednesday at a press conference.

Meng said the NDRC is assessing the effect of the negative list for market access in the past a few years, trying to figure out the demands of local governments and foreign-funded enterprises in expanding foreign capital market access, and researching policies and measures to further expand opening up.

“China has always been a country of action in terms of pushing ahead high-level opening-up and utilizing foreign capital,” she said.

The spokesperson noted that many senior executives from multinational corporations have come to China recently and that local governments have spent more efforts on attracting foreign investment.

“On the basis of last year's large amount, China's utilization of foreign capital continues to grow, especially in high-tech industries, which fully shows that China remains one of the most attractive destinations for foreign investment," she said.

The latest policies will be implemented, enabling more foreign investment in key fields such as advanced manufacturing, modern service industry, high technology, energy conservation and environmental protection, and in key areas such as central and west China and northeast China, she added.


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2023 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]