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on september 8, the national development and reform commission and the ministry of commerce issued order no. 23 of 2024 on special management measures for foreign investment access (negative list) (2024 edition).

in order to understand the revision of the 2024 version of the negative list for foreign investment access, the reporter interviewed relevant officials from the national development and reform commission to answer questions of concern to all sectors. the relevant officials from the national development and reform commission answered the reporter's questions, the main contents are:

1. in recent years, my country has continuously relaxed foreign investment access. from 2017 to 2021, it revised the negative list for foreign investment access in the whole country and the free trade pilot zones for five consecutive years. the restrictive measures in the two lists were reduced from 93 and 122 to 31 and 27 respectively. a series of major opening measures were introduced in the fields of manufacturing, mining, agriculture, finance, etc. among them, the restrictive measures in the manufacturing field of the negative list for foreign investment access in the free trade pilot zones were the first to be "cleared" in 2021.

2. compared with the 2021 version, the 2024 version of the national negative list for foreign investment access has deleted the only two remaining restrictive measures in the manufacturing sector, one is "publication printing must be controlled by the chinese side", and the other is "investment in the application of processing technologies such as steaming, frying, roasting, and calcining of chinese herbal medicines and the production of confidential prescription products of chinese patent medicines is prohibited". after this revision, the restrictive measures in the national negative list for foreign investment access have been reduced from 31 to 29, and the restrictive measures on foreign investment access in the manufacturing sector have been completely cancelled.

manufacturing is the earliest field opened up in my country, and it is also the field with the most sufficient market competition and the closest global industrial division of labor and cooperation. the comprehensive abolition of restrictions on foreign investment access in the manufacturing sector fully demonstrates my country's positive willingness to expand international cooperation and its clear attitude of supporting economic globalization. my country will rely on its own super-large market advantages to support exchanges and cooperation between chinese and foreign companies and promote the high-end, intelligent and green development of the manufacturing industry.

3. the third plenary session of the 20th cpc central committee has arranged to reasonably reduce the negative list for foreign investment access, implement the complete abolition of restrictions on foreign investment access in the manufacturing sector, and promote orderly opening up in the fields of telecommunications, the internet, education, culture, and medical care. after the revision of the negative list, restrictions on foreign investment access in my country's manufacturing sector have been "cleared", and new progress has been made in high-level opening up.

the high-quality development of the service industry is closely related to people's well-being, and expanding the opening up of the service industry will help enhance the diversified supply capacity of the service industry. the national development and reform commission will continue to promote the opening up of the service industry with relevant departments, and strive to ensure that foreign investment can not only "come in" but also "develop well".

on the one hand, we will innovate ways to relax foreign investment access in the service industry. since the beginning of this year, relevant industry authorities have launched open pilot projects in areas such as value-added telecommunications. subsequently, the national development and reform commission will work with relevant industry authorities to solidly carry out open pilot projects in related fields in conjunction with the construction of free trade pilot zones, free trade ports and other platforms.

on the other hand, we will continue to optimize policies to promote foreign investment. the national development and reform commission is studying the revision of the catalogue of industries encouraged for foreign investment. one of the key directions is to continue to increase service industry items and guide more foreign investment into the service sector.

4. the 2024 version of the national negative list for foreign investment access will come into effect on november 1, 2024. the national development and reform commission will work with the ministry of commerce and other departments and regions to strictly follow the requirements of the foreign investment law and its implementing regulations to effectively implement the negative list and ensure that the new opening measures are implemented in a timely manner.

in recent years, my country's laws and regulations have been gradually improved, and the market supervision mechanism has been continuously improved, laying a good institutional foundation for high-level opening up. for new open areas, my country has established a relatively standardized and mature industry supervision system, and will implement management in accordance with the principle of consistency between domestic and foreign investment in the future, rather than "letting it go and not caring about it."

foreign investors investing in newly opened areas in china must comply with relevant laws, regulations, regulatory requirements, and industry standards, just like domestic investors. we will expand opening up while ensuring safety, and achieve a positive interaction between high-quality development and high-level safety.

the following is the full text of the negative list: