Promulgation of Catalogue of Industries for Guiding Foreign Investment (2015 Revision)
The Catalogue of Industries for Guiding Foreign Investment (2015 Revision) has been promulgated by National Development and Reform Commission and the Ministry of Commerce, and will come into force on 10 April 2015. Simultaneously, the 2011 Revision shall be repealed.
Compared to the 2011 Revision, in the Catalogue of Prohibited Industries for Foreign Investment, the items “internet publication service” and “enterprises in the business of auction and sale of culture relic” are added. In the Catalogue of Restricted Industries for Foreign Investment, items “distribution of audio and video production (excluding movies) (limited to Chinese-foreign equity)” and “operation of entertainment premises (limited to Chinese-foreign equity or contractual joint ventures)” are deleted, and the maximum foreign shareholding limit of 50% for E-Commerce has been excluded from other Value-Added Telecommunication business. Furthermore, in the Catalogue of Encouraged Industries for Foreign Investment, the restriction of “shareholding by Chinese party” over “operation of performance venues” is removed.