Commerce: foreign investment will further reduce the negative list of

Xinhua News Agency Beijing On January 8th, Wang Shouwen, Vice Minister of theMinistry of Commerce, said on the 8th that the Ministry of Commerce willcontinue to promote high-level opening to the outside world and further reducethe negative list of foreign investment.

At the 2020 China-Foreign Investment Promotion Agency Working Conference heldon the same day, Wang Shouwen stated that China's domestic market will becomethe world's largest market in the future. China has strong industrialsupport capabilities and has provided a solid foundation for foreign investmentcooperation. In addition, the innovation capability of the Chinese marketis constantly improving, especially in the fields of the Internet, informationtechnology, and artificial intelligence.

"Comprehensive evaluation shows that China still has comprehensiveadvantages in attracting foreign investment." Wang Shouwen said that theMinistry of Commerce insists on promoting reform, development and innovationthrough opening up. Further reduce the negative list of foreigninvestment, give the free trade pilot zone greater reform autonomy, explore thecross-border service trade negative list management system, and speed up the constructionof Hainan Free Trade Port.

Author: Wang

(former Vice Minister of Commerce Wang Wen by: further reduce foreigninvestment negative list)