BEIJING, March 29 (Xinhua) -- The Ministry of Commerce (MOC) of China is mulling to release a new negative list for foreign investment for 2019, Gao Feng, spokesperson of MOC said at a press conference held on Thursday.
The foreign investment negative list for 2019 is expected to be further shortened, and it's likely to be rolled out in June, Zhang Fei, deputy director of the Institute of Foreign Investment under the Chinese Academy of International Trade and Economic Cooperation of MOC told the Xinhua-run Shanghai Securities News.
China has been making efforts to trim the negative list for foreign investment in recent years, cutting the number of items from 63 to 48 in 2018 and reducing 30 items in the 2017 negative list based on the 2015 version.
China will also revise the negative list for foreign investment in free trade zones and the industry guidance catalog for foreign investment. It will shorten the lists to further open up industries such as value-added telecommunications, medical services, education, transportation, infrastructure, energy and resources, according to message from the Boao Forum for Asia Annual Conference 2019 being held in south China's Hainan province. (Edited by Su Dan)
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