Release of the "Special Administrative Measures for Foreign Investment Access (Negative List) (2024 Edition)"
In recent years, China has continuously relaxed restrictions on foreign investment. The new "Negative List" for foreign investment in China, i.e. "Special Administrative Measures for Foreign Investment Access (Negative List) (2024 Edition)." has come into effect on November 1, 2024, and replaced the "Special Administrative Measures for Foreign Investment Access (Negative List) (2021 Edition)."
Key changes in the 2024 edition include:
- The nationwide negative list for foreign investment access has been reduced from 31 items to 29 items. The restrictions that were removed include "publishing must be controlled by the Chinese side" and "the prohibition of foreign investment in the processing techniques such as steaming, frying, roasting, and calcining of traditional Chinese medicine (TCM) decoction pieces, as well as the production of proprietary TCM formulas." This effectively eliminates all foreign investment restrictions in the manufacturing sector.
- For areas not covered by the negative list, foreign investment will be managed under the principle of equal treatment with domestic enterprises, granting foreign-invested enterprises national treatment.
The full list can be found at: 外商投资准入特别管理措施(负面清单)(2024年版)
Published on: 2024-11-13