China introduces new Guideline Catalogue on Industries for Foreign Investment (2017 Revision) as well as a new Negative List for Pilot Free Trade Zones

On 28 June 2017, the PRC National Development and Reform Commission and the PRC Ministry of Commerce jointly promulgated the new Guideline Catalogue on Industries for Foreign Investment (2017 Revision)(“Guideline Catalogue 2017”). Several days prior to the promulgation of the Guideline Catalogue 2017, on 16 June 2017, the General Office of the PRC State Council issued the Special Administrative Measures (Negative List) for Foreign Investment Access to Pilot Free Trade Zones, 2017 Revision (“FTZ Negative List 2017”). Both the Guideline Catalogue 2017 and the FTZ Negative List 2017, compared to previous versions, reduce certain restrictions and prohibitions on foreign investment and, thus, provide further access for foreign investors in certain industries.

To read the details of our update on the new Guideline Catalogue on Industries for Foreign Investment (2017 Revision) and the new Negative List for Pilot Free Trade Zones, please click "Read more" below.