News Garrigues Shanghai 1-2012
2011 AMENDMENTS ON THE FOREIGN INVESTMENT INDUSTRIAL GUIDANCE CATALOGUE OF THE PEOPLE’S REPUBLIC OF CHINA
On January 30th, 2012, the new amended Catalogue on Industry Guideline for Foreign Investment in China became effective. The New Foreign Investment Catalogue addresses the policies and priorities set out by the National People’s Congress in the 12th Five-Year Plan (2011-2015) and directs foreign investment capital towards industries and sectors which it deemed, for political or macro-economic reasons, suitable of receiving foreign investment.
The Catalogue will have a significant impact on foreign investment in the country and should be taken into account by all investors interested in China.
1. NEW PROHIBITED SECTORS
2. NEW RESTRICTED SECTORS
3. NEW ENCOURAGED SECTORS
4. NEW PERMITTED SECTORS
5. CONCLUSIONS