Financial news

China to cut negative list of foreign investment

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Via China Daily

Containers are unloaded from a ship at a port of Qingdao, East China’s Shandong province, on Feb 17, 2020. [Photo/Xinhua]

China will accelerate cuts to the negative list of foreign investment access to the country and pilot free trade zones, said the Ministry of Commerce on Friday.

The ministry will speed up the revision of the catalogue of industries that foreign capital are encouraged to invest in and increase the number of encouraged items, said Zong Changqing, director of the department of foreign investment administration of the Ministry of Commerce.

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