Aerial photo taken on Aug. 19, 2020 shows vessels sailing on the sea near Xin'gang port in Haikou, south China's Hainan Province. (Xinhua/Yang Guanyu)
BEIJING, Oct. 30 (Xinhua) -- China will formulate and introduce a list that outlines sectors off-limits to foreign investors for the Hainan free trade port in south China, according to a circular issued Thursday by the country's central authorities.
Focusing on domestic demand expansion and consumption promotion, the circular proposes to well implement the 2020-version negative list for foreign investment, and expand the catalogue of industries that encourage foreign investment.
It also proposes to speed up the construction of 5G base stations, strengthen the financial support for manufacturing industries, including private enterprises, small- and micro-sized enterprises and foreign-funded enterprises. (Edited by Gu Shanshan with Xinhua Silk Road, firstname.lastname@example.org)