Which industries are encouraged, restricted or prohibited for foreign investment in China?
As of 1 December 2007, China put into force its revised Catalogue for the Guidance of Foreign Investment Industries. For foreign investments, Chinese industries are classified into four categories: (i) encouraged, (ii) restricted, (iii) prohibited and (iv) allowed. The Catalogue covers the encouraged, restricted and prohibited industries, whereas the industries not mentioned by the Catalogue are construed as being allowed and having no particular policies for foreign investment. Generally speaking, the encouraged industries are mainly high-tech, environmental protection, new energy and those, which China is short of. Some examples of the prohibited industries are construction and management of nature reserve and international signify marshy; development of resources about wild animals and plants protected by nation; news website, network audiovisual service, online service location, internet art management; construction and operation of golf course; and development and application of h
