BEIJING, April 30 (Xinhua) -- China is advancing the formulation of a string of policies including the 2019 version of negative list for foreign investment to enlarge opening up, reported the Xinhua-run Shanghai Securities News quoting Wang Shouwen, deputy head of the Ministry of Commerce (MOC) Tuesday.
Wang made the remarks on a Monday-held news conference, saying a package of policies such as the catalogue of industries encouraging foreign investment and administrative rules and regulations for the foreign investment law are being drafted to the end.
What's more, plans about a new batch of pilot free trade zones will be researched over and made, together with research and efforts on promoting innovation and improvement of state-level development zones.
Since 2018, a basket of policies rolled out by China for further opening up has started to function. Statistics showed that China attracted 242.28 billion yuan of foreign investment in the first quarter, up 6.5 percent year on year or 3.7 percent denominated in U.S. dollars, 1.2 percentage points higher than the growth in the first two months of this year.
According to Wang, MOC together with other departments are studying measures of further trimming the negative list for foreign investment, which will be released later in the first half of 2019.
Besides, opinion soliciting for the catalogue of industries encouraging foreign investment has been completed and MOC will release the document as soon as possible. (Edited by Duan Jing, duanjing@xinhua.org)
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