National Development and Reform Commission and Ministry of Commerce, Amendment Draft for the «Foreign Investment Industrial Guidance Catalogue»

Issued: December 7 2016

Main contents: The Draft reduces the 93 restrictive measures of the 2015 version of the Catalogue (including 19 in the encouraged category with shareholding percentage requirements, 38 in the restricted category and 36 in the prohibited category) to 62. In the service industry, there is major relaxation in sectors such as passenger transport by road, ocean shipping tallying, credit check and rating services. In manufacturing, there is major relaxation in the access restrictions in production and manufacturing sectors such as rail transport equipment, automotive electronics and batteries for alternative energy vehicles, motorcycles, edible oils, further processing of corn, fuel ethanol. In mining, there is major relaxation in the access restrictions on foreign investment in sectors such as non-conventional oil and gas, precious metals and lithium ores.