China revising industry catalogue to encourage foreign investment

XIAMEN, Sept. 9 (Xinhua) -- China will significantly increase items on the industry catalogue that encourage foreign investment and help foreign-funded firms to receive benefits from preferential policies, Vice Commerce Minister Wang Shouwen said Tuesday.

The Ministry of Commerce (MOC) will continue to implement the negative list for foreign investment and expand the scope of businesses encouraging foreign investment, sharing the market and opportunities in China with foreign investors, Wang said at the launching ceremony of an online international fair for investment and trade.