March 7, 2019

China's state planner has said more opening measures will be introduced in the agriculture, mining, manufacturing and service industries, letting wholly foreign-owned firms operate in more sectors.

The "negative list" of industries that are off-limits to foreign investors will be further shortened, Mr Ning Jizhe, vice-chairman of the National Development and Reform Commission (NDRC), said on the sidelines of the annual parliamentary meeting yesterday.

He stressed that foreign firms will be treated as equals with Chinese companies before and after they enter China.

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https://www.straitstimes.com/asia/east-asia/foreign-firms-to-get-access-to-more-sectors-in-china