The revised negative list reduced restrictions on foreign investment in selected sectors, including finance and manufacturing. The list-based approach marked a shift toward permitting activity unless specifically restricted, though domestic enterprises and foreign investors did not enter markets on identical terms.
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What did China’s revised foreign-investment negative list do?
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The negative list narrowed selected restrictions but did not remove regulatory or licensing differences.
The 2018 foreign-investment negative list eliminated all restrictions on foreign firms.
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It reduced selected restrictions while maintaining licensing and sector limits.