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How China’s Draft 2020
Encouraged Catalogue Improves
Foreign Investor Access
By Zoey Zhang, China Briefing, Dezan Shira & Associates
On July 31, 2020, China’s National The national list, which now contains 471
Development and Reform Commission encouraged industries, has added 56 encouraged
(NDRC) and the Ministry of Commerce items and adjusted 40 items. The list for central,
(MOFCOM) rolled out the exposure draft of the western, and northeastern regions has added 69
2020 edition of the Catalogue of Encouraged items and modified 36.
Industries for Foreign Investment (“FI
encouraged catalogue”) to seek public opinion Where does the new draft
until August 30, 2020. catalogue stand on foreign
investor access?
The catalogue, including two lists – one for the
whole country and the other one for the central, Similar to last year, the draft catalogue calls for
western, and northeastern regions – identifies more FDI in the following three main areas in
industries where foreign direct investment (FDI) China:
will be welcome and treated with favorable • High-end manufacturing;
policies. • Production-oriented service industries;
and,
Compared with the 2019 edition, the proposed • China’s central, western, and
2020 FI encouraged catalogue has been further northeastern provinces.
lengthened, with 125 new industries added and • High-end manufacturing
76 previously listed industries amended.
The catalogue further encourages foreign-
invested enterprises (FIEs) to participate in the
high-tech development of its manufacturing
industry.
The proposed national list has included or
expanded items like manufacturing of certain
raw materials, certain components and
3 AMCHAM SOUTH CHINA
How China’s Draft 2020
Encouraged Catalogue Improves
Foreign Investor Access
By Zoey Zhang, China Briefing, Dezan Shira & Associates
On July 31, 2020, China’s National The national list, which now contains 471
Development and Reform Commission encouraged industries, has added 56 encouraged
(NDRC) and the Ministry of Commerce items and adjusted 40 items. The list for central,
(MOFCOM) rolled out the exposure draft of the western, and northeastern regions has added 69
2020 edition of the Catalogue of Encouraged items and modified 36.
Industries for Foreign Investment (“FI
encouraged catalogue”) to seek public opinion Where does the new draft
until August 30, 2020. catalogue stand on foreign
investor access?
The catalogue, including two lists – one for the
whole country and the other one for the central, Similar to last year, the draft catalogue calls for
western, and northeastern regions – identifies more FDI in the following three main areas in
industries where foreign direct investment (FDI) China:
will be welcome and treated with favorable • High-end manufacturing;
policies. • Production-oriented service industries;
and,
Compared with the 2019 edition, the proposed • China’s central, western, and
2020 FI encouraged catalogue has been further northeastern provinces.
lengthened, with 125 new industries added and • High-end manufacturing
76 previously listed industries amended.
The catalogue further encourages foreign-
invested enterprises (FIEs) to participate in the
high-tech development of its manufacturing
industry.
The proposed national list has included or
expanded items like manufacturing of certain
raw materials, certain components and
3 AMCHAM SOUTH CHINA
