Liu Yajun, director-general of the Commerce Ministry?s Foreign Investment Department, told a conference in Shanghai that the revised catalogue would decrease the number of sectors that were restricted or off limits for foreign investors.
Liu is the latest Chinese official to reassure overseas investors in recent weeks amid rising complaints by foreign politicians and executives that China is not opening its market as promised when it joined the World Trade Organisation in 2001.
Beijing publishes a catalogue that details the sectors in which foreign investment is either encouraged, permitted, restricted or forbidden. It revises that list occasionally.
Source : Konaxis






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