China overhauls investor access with negative list fix
November 10, 2015 | BY
Katherine Jo &clp articlesA new market access negative list will be tested in selected regions starting in December. It will be applied nationwide in 2018 along with one just for foreign investment as China further opens its gates
China's new regime for guiding investment involves a unified negative list for market access, with a separate list specifically for foreign investors expected to be released in 2018.
On October 27, the State Council issued the Opinions on Implementing a Negative List System for Market Access, which present transparency as the running theme and also emphasize market innovation, competition and industry upgrades.
The negative list will apply to both foreign and domestic parties, and will be implemented on a trial basis in all of Shanghai, Guangdong, Fujian and Tianjin – the municipalities/provinces where the four pilot Free Trade Zones (FTZs) are located – from December 1 this year to December 31 2017.
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