China proclaims reduced negative lists for external investing

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(MENAFN) China released two shortened negative lists for external investment, as part of hard work to extra improve the economy and support high-quality financial progress.

In line with a declaration cooperatively published by the National Development and Reform Commission and the Ministry of Commerce The figure of items that are prohibited for overseas financiers is going to be decreased to 31 in the 2021 version of the negative list from 33 the last year.

China as well released its 2021 negative list for external asset in pilot free trade regions, to decline the figure of items to 27 from 30, while both new negative lists are going to be applied next year on January 1.

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