iChongqing Title

China to expand opening-up in agriculture, mining, manufacturing, service sectors

By DONGYAN CHEN|Mar 06,2019

Head of the National Development and Reform Commission (NDRC) He Lifeng (C), deputy heads of the NDRC Zhang Yong (2nd R) and Ning Jizhe (2nd L) take questions during a press conference on innovation and improvement of macro-economic control and promotion of high quality development for the first session of the 13th National People's Congress in Beijing, capital of China, March 6, 2018. (Xinhua/Li Xin)

BEIJING, March 6 (Xinhua) -- 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.

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.

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 a global trend of foreign direct investment slide in 2018 by attracting about 135 billion U.S. dollars, up 3 percent year on year.

MUST READ

A Tour in Chongqing, A Gain in Vision

A Land of Natural Beauty, A City with Cultural Appeal

Internet illegal and undesirable information can be reported by calling this telephone number:+86-23-67158993

渝ICP备20009753号-2 互联网新闻信息服务许可证号:50120220004

I Agree
Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

For any inquiries, please email service@ichongqing.info

About UsContact Us

Leaving a message
Back