Requirements of the countries cancel the foreign investment in sectors such as steel shares

Approved by the state council, national development and reform commission, the ministry of commerce released on March 10, 2015 call to arms, 22 released in full the foreign investment industrial guidance catalogue (revised in 2015), effective as of April 10, 2015. The foreign investment industrial guidance catalogue (2011 revision) “stop execution at the same time. This amendment is to carry out the third plenary session of the 18 spirit, promoting a new round of opening to the outside world. Through amendment, actively expand opening, the transformation of foreign capital management way, build open and transparent investment environment, promote the use of foreign capital quality improvement, optimization and upgrading of industrial structure, promoting the reform in an open, promoting development.

The amendment of the new situation to adapt to the development of China’s reform and economic globalization, the main policy guidance: one is to broaden the admittance of foreign capital. Further liberalisation of the general manufacturing industry, cancel the iron and steel, vinyl, paper making, lifting machinery, power transmission and transformation equipment, liquor ratio requirement. Pushing service sectors, in the electronic commerce, transportation, trade logistics, social services, financial, cultural and other fields open a series of measures are put forward. The second is to guide our orientation in foreign investment. Encourage foreign investment in modern agriculture, high and new technology, advanced manufacturing, energy conservation, environmental protection, new energy, modern service industry and other fields. Encourage foreign-funded r&d link, promote investments, led technology, the conference, the organic combination. Three is to perfect policy system. From more attention to foreign access management into market regulation and industry regulations, through energy saving, environmental protection, technology, security and other measures to achieve consistent regulation of both foreign and internal entry is not listed in the restricted category, restricted items reduced from article 79 to article 38. Improve policy transparency, allowing the foreign shares of the class project is no longer hold.