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China Expands
Encouraged Catalogue,
Improves Foreign
Investor Access
By Zoey Zhang, China Briefing, Dezan Shira & Associates
On December 28, 2020, the National The lengthening of the catalogue signifies that
Development and Reform Commission more investment fields will favor foreign investors.
(NDRC) and the Ministry of Commerce
(MOFCOM) rolled out the Catalogue of Industries Key changes in the 2020 FI encouraged
for Encouraging Foreign Investment (2020 catalogue
Version) (hereafter “2020 FI encouraged
catalogue”), to be implemented from January 27, The revision of the 2020 FI encouraged catalogue is
2021, replacing its 2019 version. intended to lure foreign investment in three main areas:
The catalogue includes two sub-catalogues – one • Advanced manufacturing industries;
covers the entire country (“national catalogue”)
and a second document covers the central, • Production-oriented service industries; and
western, and northeastern regions (“regional
catalogue”). Together, the 2020 FI encouraged • Reginal advanced industries in the central,
catalogue identifies industries where foreign direct western, and northeastern regions.
investment (FDI) will be welcome and treated with
favorable policies in China. Nationwide, the catalogue encourages foreign
investors to engage in advanced manufacturing,
The newly released 2020 FI encouraged catalogue with a purpose to enhance the resilience of China’s
contains a total of 1,235 items, increased by 10 industrial and supply chains under an uncertain
percent from 1,108 items in the previous version, international environment.
with 127 items added (65 new items in the national
list and 62 new items in the regional list) and 88 Specific sectors include the manufacturing of
items modified. certain terminal products – such as integrated
circuit (IC) packaging and test equipment, laser
projection equipment, ultra-high-definition
television (UHD TV), ventilators, ECMO, artificial
intelligence (AI) auxiliary medical equipment, key
new materials – such as special glass fiber and
high-performance fiber, and key components –
such as high pressure vacuum element, special
valve, special bearing, special glass, and wheel
speed sensor.
3 AMCHAM SOUTH CHINA
China Expands
Encouraged Catalogue,
Improves Foreign
Investor Access
By Zoey Zhang, China Briefing, Dezan Shira & Associates
On December 28, 2020, the National The lengthening of the catalogue signifies that
Development and Reform Commission more investment fields will favor foreign investors.
(NDRC) and the Ministry of Commerce
(MOFCOM) rolled out the Catalogue of Industries Key changes in the 2020 FI encouraged
for Encouraging Foreign Investment (2020 catalogue
Version) (hereafter “2020 FI encouraged
catalogue”), to be implemented from January 27, The revision of the 2020 FI encouraged catalogue is
2021, replacing its 2019 version. intended to lure foreign investment in three main areas:
The catalogue includes two sub-catalogues – one • Advanced manufacturing industries;
covers the entire country (“national catalogue”)
and a second document covers the central, • Production-oriented service industries; and
western, and northeastern regions (“regional
catalogue”). Together, the 2020 FI encouraged • Reginal advanced industries in the central,
catalogue identifies industries where foreign direct western, and northeastern regions.
investment (FDI) will be welcome and treated with
favorable policies in China. Nationwide, the catalogue encourages foreign
investors to engage in advanced manufacturing,
The newly released 2020 FI encouraged catalogue with a purpose to enhance the resilience of China’s
contains a total of 1,235 items, increased by 10 industrial and supply chains under an uncertain
percent from 1,108 items in the previous version, international environment.
with 127 items added (65 new items in the national
list and 62 new items in the regional list) and 88 Specific sectors include the manufacturing of
items modified. certain terminal products – such as integrated
circuit (IC) packaging and test equipment, laser
projection equipment, ultra-high-definition
television (UHD TV), ventilators, ECMO, artificial
intelligence (AI) auxiliary medical equipment, key
new materials – such as special glass fiber and
high-performance fiber, and key components –
such as high pressure vacuum element, special
valve, special bearing, special glass, and wheel
speed sensor.
3 AMCHAM SOUTH CHINA
