China has for some time been streamlining the administration of foreign investment and has recently taken further steps to remove restrictions, which continues a process that has been underway since 2013.
Three new relaxations were introduced on 30 June 2019 by China's National Development and Reform Commission and Ministry of Commerce
- Special Administrative Measures (Negative List) for Foreign Investment Access (2019 Edition)
- the Special Administrative Measures (Negative List) for Foreign Investment Access in Pilot Free Trade Zones (2019 Edition); and
- the Catalogue of Encouraged Industries for Foreign Investment (2019 Edition).
These new lists and catalogue take effect on 30 July 2019.
To see the full article click here
Visit us at www.mayerbrown.com
Mayer Brown is a global legal services organization comprising legal practices that are separate entities (the Mayer Brown Practices). The Mayer Brown Practices are: Mayer Brown LLP, a limited liability partnership established in the United States; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales; Mayer Brown JSM, a Hong Kong partnership, and its associated entities in Asia; and Tauil & Chequer Advogados, a Brazilian law partnership with which Mayer Brown is associated. "Mayer Brown" and the Mayer Brown logo are the trademarks of the Mayer Brown Practices in their respective jurisdictions.
© Copyright 2019. The Mayer Brown Practices. All rights reserved.
This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein. Please also read the JSM legal publications Disclaimer.