Foreign investment in China, regardless of industry or manner, has traditionally been subject to regulatory approvals, which were often exercised with discretion by the local authorities. The government has been gradually deregulating foreign investment market access over the past decade, however, with several substantial reforms taking place in recent years.
The new and improved Negative List for China's free trade zones
The redesigned 2017 Negative List applicable to China's 11 free trade zones signifies another big step forward for the nation's foreign investment regime
By
Katherine Jo
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