Chinese Vice Commerce Minister Wang Shouwen recently stated that in the past five years, China's restrictive measures on foreign investment have been cut by 65%. Currently, there are only 63 areas restricted to foreign investors, of which 35 are restricted and 28 are prohibited. Now, more than 96% of foreign-funded enterprises are established through filing, and approval time is reduced by more than 80%. He also stated that the foreign investment management model of the pre-accession national treatment + negative list will soon be implemented nationwide.