China's investment catalogue comes under scrutiny
May 08, 2012 | BY
clpstaff &clp articlesThe government's latest Investment Catalogue shows the country's struggle to balance domestic interests with its commitments to international organisations
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The latest amendments to the Foreign Investment Industrial Guidance Catalogue (外商投资产业指导目录) came into effect on January 30. The Catalogue lists which areas of industry are open or restricted and is viewed as an essential guide for foreign investors.
It also represents the alignment between Chinese policymaker's economic and social goals with foreign investments. The country's rapid elevation to the world stage means its industrial policy is subject to closer scrutiny. This places the Catalogue in a different perspective: a balancing act between state planning and international pressure.