China Removes Market Access Restrictions for Foreign Investors in Manufacturing Sector Effective November 1

Nov 1, 2024, 12:23 PM

China has announced the removal of all market access restrictions for foreign investors in the manufacturing sector, effective November 1. This landmark move underscores China's commitment to high-quality opening-up and attracting foreign investment. The Chinese Commerce Ministry has also stated that foreign investors will be allowed to carry out strategic investments through tender offers. This policy shift, along with supportive measures and targeted exhibitions, is expected to enhance global business engagement and support economic growth in the world's second-largest economy.