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Wednesday, November 08, 2017
Enterprises in China to enjoy "equal rights, equal opportunities and equal rules"
ANBOUND

Yi Gang, the Deputy Governor of the People's Bank of China, wrote a few days ago that China will implement a unified negative market access list in 2018. He emphasized that both state-owned enterprises and private enterprises, whether they are Chinese-funded or foreign-funded, will have "equal rights, equal opportunities and equal rules" regardless of their size, and will enjoy the same conditions of market access. Foreign investment involving national security should be reviewed in accordance with the law. Market standards negative list will be simplified as far as possible; as for new technology and new industries, more space is given and will not be hastily included in the list.

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