China's New Negative Lists for Foreign Investment: More Openness, More Opportunity

August 08, 2019 | BY

Susan Mok

Amidst growing trade friction with the U.S., Scott Yu and Derek Liu of Zhong Lun Law Firm note some particular highlights for foreign investors in the latest iteration of China's Negative Lists and Encouraged Investment Catalogue.

On July 30, 2019, the Special Administrative Measures for Foreign Investment Access (Negative List) (2019 Edition) (外商投资准入特别管理措施 (负面清单) (2019年版))(the 2019 Nationwide Negative List) and the Special Administrative Measures for Foreign Investment Access in Free Trade Zones (Negative List) (2019 Edition) (自由贸易试验区外商投资准入特别管理措施 (负面清单) (2019年版)) (the 2019 FTZ Negative List) (collectively, the "2019 Negative Lists") came into force. The two negative lists were jointly released by China's National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) based on the 2018 editions.