Ministry of Commerce: It will improve the management system of the negative list for cross-border trade in services and orderly expand the independen

On May 26th, the State Council Information Office held a press conference on the relevant situation of the 2026 Multinational Corporation Leaders' Qingdao Summit. Firstly, deepen the opening-up of the service industry and broaden the "new space" for foreign investment. As the restrictions on foreign investment access in the manufacturing sector in China have been completely "eliminated", next, we will improve the management system of the negative list for cross-border trade in services, orderly expand the independent opening-up of the service industry in areas such as telecommunications, the Internet, education, culture, and healthcare, steadily implement opening-up pilot programs for value-added telecommunications, biotechnology, and wholly foreign-owned hospitals, support foreign-funded service enterprises to extend their value chains, and ensure that foreign investment "has both access and operation rights" in the opened areas. Secondly, align with high standards and build a "new framework" for institutional opening-up. We will actively align with high-standard international economic and trade rules, accelerate the reform of the institutional and regulatory systems in areas such as intellectual property protection, government procurement, and fair competition, and provide more stable, transparent, and predictable institutional guarantees for foreign-funded enterprises. At the same time, we will comprehensively implement the strategy to upgrade free trade pilot zones, and pilot a number of institutional innovation measures conducive to the development of new business forms and models in the fields of trade in services, green trade, and digital trade. Thirdly, optimize the investment structure and activate the "new driving force" for foreign investment. We have introduced and implemented the 2025 version of the "Catalogue of Industries Encouraging Foreign Investment", with a net increase of 205 items in the encouraged category. The focus is on providing policy support for foreign-funded enterprises to expand into high-end and emerging fields in areas such as advanced manufacturing, modern services, high technologies, and energy conservation and environmental protection. Finally, strengthen full-cycle services and create a "new benchmark" for the business environment. We will implement a series of policies to encourage foreign-funded enterprises to reinvest in China, fully implement national treatment for foreign-funded enterprises, and support foreign-funded enterprises to participate in activities such as boosting consumption, government procurement, and bidding on an equal footing.

Source: CCTV.com