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China: NDRC considers facilitating foreign investment

By  |  November 5, 2014

China’s National Development and Reform Commission is reportedly considering amending rules to open up the nation’s manufacturing and service industries to foreign investment following complaints that the nation discriminates against foreign companies.

According to reports, the NDRC announced the draft amendments on Tuesday and has opened up the proposals for public comment. The rule changes would increase equity stakes foreign entities are allowed to hold in Chinese companies, reports say.

The proposals follow recent claims that China’s competition authorities unfairly target foreign companies. The American Chamber of Commerce released a report last September that found 60 percent of foreign firms believe China has become a less welcoming place to foreign investors, up from 41 percent the year prior.

Full content: The Malay Mail Online

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