NDRC, MOFCOM release major foreign-related legal policies (with full text)


Major Documents International Law September 09, 2024 08:39 Beijing

WeChat public number “National Development and Reform Commission” news, with the consent of the Party Central Committee and the State Council, the National Development and Reform Commission and the Ministry of Commerce on September 8, 2024 issued Decree No. 23, the full text of the “Special Administrative Measures for Foreign Investment Entry (Negative List) (2024 Edition)”, effective from November 1, 2024, which will be implemented. The Special Administrative Measures for Foreign Investment Entry (Negative List) (2021 Version) was repealed at the same time.

In October 2023, General Secretary Xi Jinping announced at the opening ceremony of the Third Belt and Road Summit Forum on International Cooperation that the restrictive measures on foreign investment access in the manufacturing sector would be completely abolished. The Third Plenary Session of the 20th CPC Central Committee pointed out that the negative list for foreign investment access should be reasonably reduced. The release and implementation of the 2024 version of the National Negative List for Foreign Investment Access is an important measure to implement the spirit of General Secretary Xi Jinping's important speeches and the decision-making and deployment of the CPC Central Committee and the State Council, and to build a higher level of the new open economic system, and it also demonstrates China's unswerving determination to promote the liberalization and facilitation of investment, as well as its commitment to promoting global openness and cooperation.

The 2024 version of the National Negative Foreign Investment Entry List has been reduced from 31 to 29 restrictive measures, deleting two entries, namely, “Printing of publications shall be controlled by the Chinese side” and “Prohibition of investment in the application of the preparation technology of steaming, stir-frying, sizzling, calcining, etc. of Chinese medicine tablets and the production of proprietary Chinese medicines with confidential prescriptions”. “2 entries, the manufacturing sector, foreign capital access restrictions to achieve” zero ”.

The National Development and Reform Commission, together with the Ministry of Commerce and other departments and regions, will deeply implement the pre-access national treatment plus negative list management system, implement the 2024 version of the national negative list of foreign investment access, and ensure that the new liberalization measures are implemented in a timely manner. For areas outside the negative list, they will be managed in accordance with the principle of consistency between domestic and foreign investment, and foreign-invested enterprises will be given national treatment. At the same time, it will insist on integrating liberalization and security, and do a solid job of risk prevention and control.

Below is the full text of the NDRC and MOFCOM announcement:

National Development and Reform Commission of the People's Republic of China


Ministry of Commerce of the People's Republic of China


Order No. 23




The Special Administrative Measures for Foreign Investment Entry (Negative List) (2024 Version) has been considered and approved by the 10th Committee Meeting of the National Development and Reform Commission (NDRC) and endorsed by the Ministry of Commerce (MOFCOM) on April 8, 2024, and agreed by the Party Central Committee and the State Council, and is hereby promulgated to come into force on November 1, 2024, with the following text.




Director of the National Development and Reform Commission: Zheng Jiejie


Minister of Commerce: Wang Wentao


September 6, 2024








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