BritCham China Policy Insights Aug 2019 | Página 3

Since the Negative Lists’ inception, the number of restricted sectors has been gradually reduced to 40 on this year’s Foreign Investment (FI) National Negative List, and 37 in the FI FTZ List, compared to 48 and 37 respectively in 2018. Earlier in the year at the March Boao Forum, Li Keqiang alluded to reductions in specific sectors in the Negative List, which was followed by openings-up in the services, agriculture, mining and manufacturing sectors in the List’s next iteration. The main changes to the national Negative List are as follows: Sector 2018 Negative List 2019 Negative List Petrochemicals Exploration and development of oil and natural gas limited to joint ventures and cooperation. Removed. Mining Foreign investment in the exploration and mining of certain minerals including rare earths and radioactive materials prohibited. Restrictions removed in the exploration and mining of molybdenum, tin, antimony and fluorite. Manufacturing Foreign investment in the production of Xuan paper and ink ingot prohibited. Removed. Production and supply of electricity, heat, gas and water For cities with a population over 500,000, construction and operation to be controlled by the Chinese side. Restrictions in the construction and operation of gas and heat in cities with a population over 500,000 removed. BRITCHAM POLICY INSIGHTS| PAGE 2