BEIJING, March 6 — China will roll out more opening measures in the agriculture, mining, manufacturing and service sectors, and allow wholly foreign funded enterprises to operate in more sectors, a senior official of the country’s top economic planner said Wednesday.
The government will further shorten the negative list which outlines fields off-limits to foreign investors, Ning Jizhe, deputy director of the National Development and Reform Commission, told a press conference on the sidelines of the annual legislative session.
QINGDAO, May 11, 2018 (Xinhua) — Workers assemble a Fuxing bullet train at a factory in Qingdao, east China’s Shandong Province, May 10, 2018. The new 16-carriage longer model of the Fuxing (Rejuvenation) bullet trains is currently under the final static vehicle testing by train maker CRRC in Qingdao. The Fuxing trains are expected to carry twice as many passengers when operations of the new longer model start. (Xinhua/Li Ziheng) (lmm)
A new list outlining industries that encourage foreign investment will be released this year, Ning said.
In addition, foreign investors will enjoy equal treatment in market access in sectors outside the negative list and fair treatment in terms of government purchase, registration and other post-establishment activities.
China will facilitate foreign investment in sectors such as new energy, advanced manufacturing, petrochemicals, electronics and information, Ning added.
BEIJING, Feb. 27, 2019 (Xinhua) — A farmer dry rice at a rice field in Yilaxi Township of Yongji County, northeast China’s Jilin Province, Sept. 17, 2018. The 19th National Congress of the Communist Party of China (CPC), which was convened in October 2017, for the first time proposed pursuing a rural vitalization strategy and made it clear that the development of agriculture and rural areas must be prioritized. Revitalized rural areas spring up as the implementation of rural vitalization strategy is being accelerated across the country following the principle of building rural areas with thriving business, pleasant living environments, social etiquette and civility, effective governance, and prosperity. (Xinhua/Xu Chang)
The annual legislative session will later review a draft foreign investment law to attract foreign investment and protect foreign investors’ legitimate rights and interests.
China bucked global trend of foreign direct investment slide in 2018 by attracting about 135 billion U.S. dollars, up 3 percent year on year. – XINHUA
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