China News Service, December 31. According to the website of the National Development and Reform Commission, the National Development and Reform Commission and the Ministry of Commerce issued Order No. 39 on December 31, 2020, issuing the full text of the "Special Administrative Measures for Foreign Investment Access of Hainan Free Trade Port (Negative List) ) (2020 Edition)" (hereinafter referred to as the 2020 Free Trade Port Negative List), the main measures include promoting the opening of value-added telecommunications, education and other key areas, expanding the opening of business services, and relaxing the access of manufacturing and mining industries.
The 2020 version of the negative list of free trade ports will come into effect on February 1, 2021.
Data map: Aerial photography of Haikou Xiuying Port Container Terminal.
Photo by China News Agency reporter Luo Yunfei
The 2020 version of the free trade port negative list has 27 items, which is further reduced compared with the 33 and 30 items of the 2020 version of the national and pilot free trade zone foreign investment access negative lists, and some items are partially liberalized to support the Hainan Free Trade Port to take the lead open.
The relevant person in charge of the National Development and Reform Commission said that compared with the negative list of foreign investment access in the pilot free trade zone, the 2020 version of the free trade port negative list proposes more open measures, including:
Promote the opening of key areas such as value-added telecommunications and education.
Expand the opening of value-added telecommunications services, remove restrictions on foreign investment in online data processing and transaction processing businesses, and allow enterprises with entity registration and service facilities in the Hainan Free Trade Port to develop Internet data centers and content distribution network services throughout the free trade port and internationally, and promote Hainan gathers data to develop a digital economy.
Allow overseas high-level universities of science, engineering, agriculture and medicine and vocational colleges to independently run schools in Hainan Free Trade Port, and support the construction of Hainan International Education Innovation Island.
Expand the opening up of business services.
In the field of legal services, foreign investors are allowed to invest in some Hainan-related commercial non-litigation legal affairs, so as to better meet the needs of foreign-related legal services in the trade, investment, finance and other fields of the Hainan Free Trade Port.
In the field of consultation and investigation, except for radio and television listening and viewing surveys that must be controlled by the Chinese party, the foreign investment in the field of market research is cancelled; foreign investment in social surveys is allowed, and the Chinese shareholding ratio is not less than 67%, and the legal representative should have Chinese nationality.
Relaxation of access to manufacturing and mining industries.
In the manufacturing sector, the national and pilot free trade zones will "remove the restriction on foreign shareholding in passenger car manufacturing in 2022 and the restriction that the same foreign business can establish two or less joint ventures in China to produce similar vehicle products" in advance. , To support the opening of the Hainan Free Trade Port automobile industry first.
In the mining industry, the prohibition on foreign investment in rare earths, radioactive minerals, and tungsten exploration, mining and beneficiation shall be cancelled, and the management shall be implemented in accordance with the same measures in the mining industry of the state and Hainan Province.
The National Development and Reform Commission will work with relevant departments such as the Ministry of Commerce and Hainan Province to effectively implement the negative list of the Hainan Free Trade Port to ensure the timely implementation of new opening-up measures, and at the same time do a good job in the prevention and control of security risks.