Despite recent announcements that intended to reduce uncertainty surrounding foreign investment restrictions, doubts remain about China’s commitment to and timeline for meaningful changes to its investment regulatory regime.
China Market Intelligence
USCBC’s comparative chart of China’s new and past foreign investment catalogues demonstrates that the
A small number of investment openings are expected as part of a revised list of sectors open to foreign investment, National Development and Reform
With the release of China’s central government’s 13th Five-Year Plan (FYP)—an economic and social planning blueprint—expected later this month, newly released local plans may point to common themes of raising incomes, modernizing industry, environmental protection, and innovation.
China has announced further details about plans to gradually decrease government control over investment decisions.
China’s four free trade zones (FTZs)—the initial Shanghai FTZ and subsequent zones in Tianjin, Guangdong, and Fujian—offer companies a range of select market openings and preferential policies, while serving as a testing ground for reforms that eventually may be implemented nationwide.
New and broader guidelines for investment reviews and approvals in China are on the way, according to the Draft Regulations on Government Approval and Filing of Investment Projects released by the National Development and Reform Commission (NDRC) on June 12.