© Reuters. FILE PHOTO: A Chinese flag flutters outside the Chinese foreign ministry in Beijing, China February 24, 2022. REUTERS/Carlos Garcia Rawlins
BEIJING (Reuters) – China’s state planner on Friday cut the number of sectors and industries that are off-limits to both Chinese and foreign investors on its so-called negative list for market access.
The 2022 list of industries that are either restricted or prohibited has been cut to 117, according to a document released by the National Development and Reform Commission, from 123 on the 2020 list.
Industries not on the list are open for investment to all and require no approval.