Ministry of Commerce: Further relax restrictions on foreign investors’ strategic investment in listed companies, and encourage foreign investors to focus on digital and intelligent technology and other fields

According to news from this website on August 16, the State Council Information Office held a press conference today to introduce the situation of the 2024 Qingdao Summit of Multinational Corporation Leaders.

1. Li Yongqi, Deputy Representative for International Trade Negotiations of the Ministry of Commerce, introduced at the press conference that China will continue to relax foreign investment market access, revise and issue a new version of the negative list for foreign investment access as soon as possible, and implement restrictions in the manufacturing sector nationwide "Clear" and promote the orderly expansion of opening up in fields such as telecommunications, Internet, education, culture, and medical care. Promote pilot demonstrations of wider opening up of the service industry.
2. This site has noticed that the Ministry of Commerce will revise and issue the "Measures for the Administration of Strategic Investments by Foreign Investors in Listed Companies", further relax restrictions on foreign investors' strategic investment in listed companies, broaden the channels for foreign investment, and guide more High-quality foreign capital enters the capital market for long-term investment.
The Ministry of Commerce will also revise the "Catalogue of Industries Encouraging Foreign Investment" and
3. further add encouraged items. Focus on advanced manufacturing and producer services, digital intelligence technology, green technology applications and other related fields, and also encourage increased investment in the central, western and northeastern regions.

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