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the "special management measures for foreign investment access (negative list) (2024 edition)" will be officially implemented on november 1. this latest version of the negative list for foreign investment has opened a new chapter for foreign investment. the most prominent of these is the "zeroing out" of restrictions on foreign investment access in the manufacturing sector, which is undoubtedly a major benefit.

coincidentally, on the same day, foreign investors also received a gift called "notice on carrying out pilot work to expand opening-up in the medical field" issued by the ministry of commerce, the national health commission and the national medical products administration, which plans to allow the establishment of wholly foreign-owned hospitals (excluding traditional chinese medicine hospitals and excluding mergers and acquisitions of public hospitals) in beijing, tianjin, shanghai, nanjing, suzhou, fuzhou, guangzhou, shenzhen and the entire island of hainan.

china's opening up of foreign investment has undergone a process of continuous deepening. in recent years, the negative lists for foreign investment access in the national version and the free trade pilot zone version have been continuously shortened. among them, the restrictive measures in the manufacturing sector of the negative list for foreign investment access in the free trade pilot zone have been "cleared" in 2021.

manufacturing is the earliest field opened up by china, and it is also the field with the most sufficient market competition and the closest global industrial division of labor and cooperation. clearing the negative list of manufacturing will help express china's confidence and openness, facilitate dialogue between china and the world, refine the common context of opening up, strengthen the vision of china's communication with the outside world, and tap the potential of china's domestic demand market, thereby accumulating rich experience for the next step of opening up the service industry. in fact, the national version and the free trade zone version of the negative list of cross-border service trade released in march this year have become an important starting point for the opening up of service trade.

allowing foreign capital to set up wholly-owned hospitals in beijing, shanghai, guangzhou and shenzhen further demonstrates china's willingness to actively embrace the world. after all, the medical system is a relatively limited field of opening up to the outside world among many industries in china. it is more closely related to the government procurement market and public service fields. china's pilot opening in this field expresses its full sincerity and sends a strong signal that china's commitment to opening up is as solid as a rock.