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ARTICLE · 20 MAY 2022

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China's ‘Negative List' For Foreign Investment Access

The latest revisions of the ‘Negative List', jointly released by China's National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM), took effect on 1 January 2022.

ChinaGovernment, Public Sector

The latest revisions of the 'Negative List', jointly released by China's National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM), took effect on 1 January 2022. The shortened Negative List demonstrates China's continued willingness and ongoing efforts to attract foreign investment and spur economic growth.

This article explains the so-called Negative List for foreign investment, lists the industries where foreign investment will be prohibited or restricted, and highlights where these policies have been relaxed or eliminated.

1. What is the 'Negative List'?

The Special Administrative Measures (Negative List) for Foreign Investment Access (from now on referred to as the Negative List) is a list of industry sectors in which foreign investment is prohibited or restricted.

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