China's regulators and the State Planning Council have published a new version of the 'negative list', easing restrictions on entering their economy, reducing the number of more restricted industries from 117 to 106.
The negative list refers to a list of industries that limit or prohibit foreign investors from engaging in certain sectors.
The list was first introduced by Beijing in 2018 as part of efforts to regulate foreign investment in China.
The easing of restrictions comes as US tariffs threaten to put more pressure on China's economy, amid turmoil caused by weak domestic consumption and a real estate debt crisis.
China's National Development and Reform Commission said in a statement on Thursday that the 2025 version of the negative list aims to loosen restrictions and stimulate market vitality in the country's economy.
The National Development and Reform Commission (NDRC) said that some sectors have been partially liberalized.
These include television production, telecommunications services, online information services related to pharmaceuticals and medical devices, the use of radioactive drugs by medical institutions, and the import of forest seeds.
Local governments are also encouraged to allow wider access for foreign investors in sectors such as transportation and logistics, freight forwarding services and vehicle rental.
China said in February it would further break down investment barriers and review its negative list for market access as soon as possible.
