LEGISLATION
NDRC, Ministry of Commerce: Encourage Foreign Investment in IT
R&D, Design and Services
On 31 July 2020, NDRC and Ministry of Commerce jointly issued
the Catalogue of Industries Encouraging Foreign Investment
(2020 Edition) (Draft for Comment) ("Draft for
Comment") for soliciting public comments. Compared
with Catalogue of Industries Encouraging Foreign Investment
(2019 Edition), Draft for Comment newly adds or expands the
research and development of information technology, services and
other items, including the "Internet of Things terminal
development and manufacturing", "online education, online
health care, online office system development and application of
service", "DNA encoding compound library technology
research and development", "fifth generation mobile
communication technology development and application",
"block chain technology research and development and
application", etc. 1
