State Council, Circular on Several Measures to Expand the Opening to the Outside World and Actively Utilize Foreign Investment

Issued: January 12 2017

Main contents: In the service industry, focus is placed on relaxing the restrictions on the access of foreign investors to banking financial institutions, securities companies, securities investment fund management companies, futures companies, insurance institutions, insurance intermediary firms, etc., easing the restrictions on the access of foreign investors to sectors such as accounting, auditing, architecture and rating services, and promoting the orderly opening of sectors such as telecommunications, internet, culture, education and transport (Article 2).