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  • Beijing Review

    Words to Deeds

    Jan 13, 2022 4 minutes
    By Li Xiaoyang
    Copyedited by G.P. Wilson

    As the COVID-19 pandemic rants and raves on, China has maintained its openingup efforts throughout 2021 and now into 2022. On New Year’s Day, the shortened negative lists for foreign investment became effective.

    The areas off-limits to foreign investors are cut from 30 to 27 in the pilot free trade zones (FTZs). In non-FTZ areas, the reduction goes from 33 to 31. All restrictions on foreign investment in the manufacturing sector in the FTZs have been lifted, and the service sector in the FTZs will continue to open up, according to a statement jointly released by the National Development

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