Starting from November 1, the Chinese mainland will lift all restrictions on foreign investment access in the manufacturing sector. This significant change is part of the 2024 version of the negative list for foreign investment access, which reduces the number of restrictions from 31 to 29, effectively achieving zero restrictions in manufacturing.
The removal of these restrictions marks a notable shift towards greater openness and accessibility for international investors in the Chinese manufacturing industry. By updating the negative list, the authorities aim to streamline foreign investment procedures and foster a more welcoming environment for global businesses.
This development is expected to encourage more foreign enterprises to engage in the manufacturing sector within the Chinese mainland. The move reflects an ongoing effort to integrate more closely with the global economy and to stimulate growth and innovation in manufacturing.
The reduction in the number of restrictions demonstrates a commitment to adjusting policies to meet the evolving needs of both domestic and international stakeholders. Investors looking to enter or expand in the manufacturing sector may find new opportunities as a result of these changes.
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China lifts all restrictions on foreign investment in manufacturing
cgtn.com
