China Releases List of Encouraged Industries for Foreign Investment (2019 Version)

On June 30, China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) jointly released the List of Encouraged Industries for Foreign Investment (2019 version)^[1] which will become effective on July 30, 2019. The implementation of the new list will replace the encouraged industries included in Catalogue of Industries for Guiding Foreign Investment (2017 Revision)^[2] and Catalogue of Priority Industries for Foreign Investment in Central and Western China (2017 Revision) released by MOFCOM in 2017.