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Key policies of Shanghai FTZ launched in 2018 – Part 1

chinadaily.com.cn Updated: 2019-01-21

2018-06: Special Management Measures for Foreign Investment Access in the Free Trade Zone (Negative List) (2018 Edition)

The negative list of the free trade pilot zone has been reduced from 95 items in 2017 to 45 items in 2018. The 2018 version of the free trade zone's negative list, based on the opening-up measures of the national negative list, has eliminated or relaxed restrictions on foreign investment access in more pilot areas.

In the agricultural sector, the proportion of foreign shares in the breeding of new wheat and corn varieties and seed production is relaxed from no more than 49 percent to no more than 66 percent.

In the mining sector, the elimination of oil and gas exploration and development is limited to joint ventures and cooperation, and the ban on investment in radioactive mineral smelting and nuclear fuel production is lifted.

In the cultural field, restrictions on foreign shares in performance agencies are lifted, and the ban on investing in literary performance groups is relaxed on condition that the Chinese party controls the shares.

In the field of value-added telecommunications, the opening measures applied to the original 28.8-square-kilometer pilot area are extended to all free trade zones.

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