Year-ender: Major economic events in China
chinadaily.com.cn| Updated: Dec 20, 2019
2019 version negative list for market access
Consumers choose wine at the Chongqing International Exhibition and Trading Center in January. [Photo/Xinhua]
A new version negative list for market access was announced by the Ministry of Commerce and the National Development and Reform Commission on Nov 22.
The new list contains 131 administrative measures on investment, down 20 administrative measures or 13 percent from the 2018 version released last December
Among the reduced items, the list eases market access for the establishment of nursing homes and social welfare institutions.
Industries, fields and businesses not on the list are open for investment to all market players.
Moreover, the list applies to all market players including both domestic and foreign investors.