China Briefing, a business intelligence report dated 28 June from Dezan Shira & Associates, gives details of China’s latest liberalized Free Trade Zones (FTZ) Negative List. This removes certain restrictions on foreign investments. According to the report, 27 special administrative measures have been removed from the 2015 list. 10 are related to manufacturing, four to finance, and four to other services.

The new negative list reduces restrictions in over 20 industries, including railway transport equipment, pharmaceuticals, road transport, insurance, accounting and audit, and other commercial services. Foreign investors are no longer be obligated to enter into a joint venture when engaging in rail transport equipment or civilian satellite manufacturing, as well as certain types of civilian helicopter design and production, for instance. Details of the liberalization is contained in the attachment.  Download China liberlized Negative List for FDIs-

A similar liberalized negative list is expected to be introduced for the rest of China, effective in 2018, easing restrictions in similar industries including rail transport equipment and mining.