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na’s National Development and Why the MA negative list is
Reform Commission (NDRC) and important to investors
Ministry of Commerce (MOFCOM)
released the 2019 Market Access The 2019 MA negative list now contains a total of
Negative List (MA negative list) on 131 items, including 126 restrictive items and five
October 24, 2019. prohibited items – referring to industries that are
restricted or prohibited for private investment, both
Compared with the 2018 MA negative from domestic and foreign investors.
list, the 2019 list has been shortened by
20 items, or 13 percent. The removed Industries, fields, and businesses not included in
items mainly cover industries in the list are open to all market players.
the services sector, including the
establishment of nursing homes, Both domestic and foreign investors should be
social welfare institutions, vocational able to enter these areas on an equal footing in
skill assessment and appraisal accordance with the law.
organizations, and fire control
services. This means that access to Relevant departments and local governments
these industries has been liberalized. can no longer issue approval measures for market
access at will.

Further, the 2019 MA negative list has
reduced administrative measures, specified
the government departments in charge of each
industry item, codified the listed items for unified
management, and added regional access measures
for specific areas.

The MA negative list system

China first released the MA negative list in
December 2018, which marked a new stage towards
the full implementation of China’s negative list
system for market access.

The 2019 list is the first annual revision since
China fully implemented the system, indicating its
importance to the government and policy success.

Foreign investors need to consult both the 2019
negative list for foreign investment (FI negative
list) and the 2019 MA negative list to know
whether they can invest in their industry, field, or
business of choice.■

About China Briefing

China Briefing is produced by Dezan Shira & Associates. The
firm assists foreign investors throughout Asia from offices across
the world, including in Dalian, Beijing, Shanghai, Guangzhou,
Shenzhen, and Hong Kong. Readers may write china@dezshira.com
for more support on doing business in China.

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