Restrictions on foreign investment to be further relaxed
May 29, 2017 Category Foreign investment, Weekly
China will ease restrictions on foreign investment, including a further opening up in sectors such as services, manufacturing and mining, according to a news release issued after a meeting of the Chinese Communist Party’s Central Leading Group for Deepening Overall Reform. The catalogue on foreign investment will be adapted accordingly. Utilization of foreign capital in the first four months of 2017 reached CNY286.4 billion, a slight drop of 0.1% year-on-year. During the same period, China registered 9,726 new enterprises with foreign investment, a year-on-year increase of 17.2%. The meeting also approved the setting up of trans-regional environmental protection bodies to better handle air-quality and environmental problems.
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