Beijing |China has slashed the number of sectors closed to foreign or non-state investment by more than half, in Beijing's latest move to open up the world's second-largest economy.
In its first nationwide "negative list" for investment, the powerful National Development and Reform Commission (NDRC) and the Ministry of Commerce specified 151 areas that are either banned to non-state businesses or require government approval for entry. Industries not on the list are open for investment to all and require no approval.
