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ARTICLE · 11 DECEMBER 2019

China's 2019 Catalogue For Guiding Industry Restructuring

Dezan Shira & Associates
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On November 6, China's National Development and Reform Commission (NDRC) released the Catalogue for Guiding Industry Restructuring (2019 version), which will take effect January 1, 2020.

ChinaInsolvency/Bankruptcy/Re-Structuring
Zoey Zhang
Zoey Zhang
  • China is actively phasing out industries it considers to be backward, heavily polluting.
  • The country is seeking greater investment in high-tech industries that will move China up the global value chain.
  • Inclusion of specific industrial items in the Catalogue for Guiding Industry Restructuring may indicate future government support either through direct sops or through policy incentives.

On November 6, China's National Development and Reform Commission (NDRC) released the Catalogue for Guiding Industry Restructuring (2019 version), which will take effect January 1, 2020.

The upgraded Catalogue is aimed at adjusting and upgrading the industrial structure and shifting China's economy from high-speed growth to high-quality development.

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