China intends to release a new negative list for foreign investment

Beijing. June 20. Silkroadnews - China has completed the revision of the new negative list for access to foreign investment markets and will make it public soon, People’s Daily reported.
Restrictions on investments in energy, resources, infrastructure, transportation, commercial circulation and professional services will be removed or loosened in the new list. The country has already announced measures to further liberalize the financial and automobile sectors.
The new negative list will have two sections: one nationwide and one for free trade zones.
At an executive session chaired by Prime Minister Li Keqiang on May 31 the State Council took a decision that the negative list on the foreign investors’ access market will be revised and released before July 1.
Reportedly, foreign investment in China reached a new high of 877.56 billion yuan (about $136.72 billion) in 2017, a 7.9% increase year-on-year.