China trims 'negative' investment list in show of opening up

China trims 'negative' investment list in show of opening up

The Straits Times - Asia·2019-11-22 16:33

BEIJING (REUTERS) - China dropped 20 items on Friday (Nov 22) from its nationwide "negative" investment list, smoothing market entry rules in a show of its efforts to improve the business environment amid a slowing economy.

The so-called negative list published by top economic planner the National Development and Reform Commission specifies industries where activities by investors, domestic or foreign, are either restricted or prohibited.

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