Chinese market further opens up to foreign investors in 2017
China’s National Development and Reform Commission and the Ministry of Commerce jointly issued a new catalogue of industries for guiding foreign investment on 28 June 2017. On 16 August 2017, the State Council published measures to further accelerate the increase in foreign investment. These new policies aim to encourage more foreign investment into China by further reducing investment restrictions in specific sectors, and by making the investment climate more foreign investor-friendly. They follow the approach of previous policy on foreign direct investment and continue the trend of opening up the Chinese market to outside investors. Although both developments signal a positive trend with regard to foreign direct investment, we continue to recommend potential investors exercise caution, as China remains a challenging business environment.
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