China reduces market access negative list

China released a new version of the market access negative list on Thursday, which includes emerging sectors such as unmanned aerial vehicle operations, according to state-owned China Central Television news. 

The list is a regulatory framework that specifies sectors where activities by foreign investors are restricted or prohibited.

The updated list – jointly issued by the National Development and Reform Commission, the Ministry of Commerce, and the State Administration for Market Regulation – reduces the number of items to 106 from 117 in 2022's vesrion. 

Despite the reduction, the government bodies added to the list UAV operations and the production, wholesale and retail of new tobacco products like e-cigarettes. 

The revised list also introduces adjustments to improve management measures in certain social and livelihood sectors.

STAFF REPORTER