China eases investment curbs amid ‘unprecedented’ investor exodus
Aljazeera says China will allow local and foreign investors access to more sectors of the economy after cutting its so-called negative list for market access.
China’s state planner on Friday released a shortened list of industries that are either restricted or prohibited to investors.
The 2022 list covers 117 industries, according to a document released by the National Development and Reform Commission, down from 123 in 2020.
Industries not on the list, which has been gradually reduced in recent years, are open to all investors and do not require special approval.
Hans Hendrischke, a professor of Chinese business and management at the University of Sydney Business School, said such moves towards liberalising the economy have been in the works for some time.
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