reinhold möller
The State Development and Reform Committee and the Ministry of Commerce of China announced in a joint statement that only 29 industries will remain closed to foreign investors, down from 31. All limitations placed on the industrial sector will be removed.
The authorities' decision will take effect on November 1. Specifically, it eliminates the need for Chinese investors to control printed publications and lifts the restriction on foreign investment in the Chinese medicinal herbs market.
Foreign investors can establish medical facilities in Beijing, Tianjin, Shanghai, Nanjing, Suzhou, Fuzhou, Shenzhen, and Hainan Island without the need for local partners.
Buying public hospitals or traditional Chinese medicine institutions is still not allowed.
source: reuters.com
The authorities' decision will take effect on November 1. Specifically, it eliminates the need for Chinese investors to control printed publications and lifts the restriction on foreign investment in the Chinese medicinal herbs market.
Foreign investors can establish medical facilities in Beijing, Tianjin, Shanghai, Nanjing, Suzhou, Fuzhou, Shenzhen, and Hainan Island without the need for local partners.
Buying public hospitals or traditional Chinese medicine institutions is still not allowed.
source: reuters.com
