China will compile a list of industries closed to foreign investors

China will compile a list of industries closed to foreign investors


Such measures will help to protect the rights of investors and to locate the funds, said the Communist party of China. It is noted that the scope of services will become more accessible for foreigners.

BEIJING, 29 Oct. Zhanna Manukyan. China intends to establish clear rules of investment in its economy, in particular — to define the list of sectors that are inaccessible to foreign investors, writes the Xinhua news Agency with reference to the communiqué of the Plenum of the Communist party of China.

On Thursday in Beijing finished the work of the Plenum of the Central Committee of the CPC, which discussed the plan for economic and social development plan for 2016-2020 (XIII five year plan).

“The CCP’s leaders decided that it will adopt a “negative list”, which will be clearly spelled out which areas are inaccessible to foreign investment. This will help to ensure the protection of investors and to locate the means”, — quotes Agency the final communiqué of the Plenum.

It is noted that services should become more accessible to foreigners.