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On August 12, the General Office of the State Council released the plan of work priorities specified in the national teleconference on deepening reforms to streamline administration, delegate powers, improve regulation and strengthen services and optimizing business environment. The plan, for the first time, proposed to put in place a revised negative list for market access by the end of this September, reduce the number of items on the list, and further ease market access restrictions with the focus on pilot projects in the service sector. What measures will MOFCOM take, and what supporting regulations will MOFCOM adopt to push for the introduction of the negative list? Thank you.(2019-8-22)

I think the 鈥渘egative list鈥you are referring to is the unified market access negative list that is applicable to both domestic and foreign companies on a national basis. The NDRC and MOFOCM are further shortening this list according to the requirements of this year鈥檚 government report, so that whatever is not included in the list is allowed into the Chinese market. We have conducted research and studies, held seminars with relevant departments and local authorities, and are stepping up efforts to revise the negative list. We will ensure that the list will be precisely positioned, law-abiding, efficient, unified, well-regulated and as short as possible. We will reduce the items on the list and establish a dynamic list adjustment mechanism which will be launched in the near future. Thank you.

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