On September 6, 2024, the Ministry of Commerce of the People's Republic of China and the National Development and Reform Commission of the People's Republic of China issued Order No. 23, publishing the "Special Administrative Measures for Foreign Investment Access (Negative List) (2024 Edition)," which will come into effect on November 1, 2024. Compared with the 2021 edition, the latest edition of the negative list for foreign investment access has removed the last 2 restrictive measures in the manufacturing sector. One is "printing of publications must be controlled by the Chinese side," while the other is "prohibition of investment in the application of processing techniques such as steaming, frying, broiling, and calcining of traditional Chinese medicine slices, and the production of secret prescription products of traditional Chinese patent medicine." The complete cancellation of foreign investment access restrictions in the manufacturing sector fully demonstrates China's positive intention to expand international cooperation and its clear attitude in supporting economic globalization, showing a positive signal to foreign enterprises for deeper participation in the Chinese market.
Recently, we successfully held the "Chang Tsi New Talents Launch" initiative.