China’s 2020 Market Entry Negative List Released

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The Chinese central government has just released the shortened, amended list of industries in China that are subject to government restrictions.

The National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM) jointly released the “Market Entry Negative List (2020 Edition)” (市场准入负面清单(2020年版)) on 16 December.

The 2020 List contains a total of 123 items, for a reduction of 8 compared to the 2019 version.

Key changes include the release of “qualification certification of mining rights evaluation companies” measure, as well as the deletion of 14 regulatory measures including “approvals for the qualifications of the directors, supervisors and senior executives of securities companies.

China issued its first national, unified market entry negative list in December 2018, stipulating that market entities can lawfully and equally access all sectors and businesses that are not included on the list.

The list has been amended three times, with the 123 items on the 2020 list marking a reduction of 18% compared to the 151 items on the first official edition in 2018, and 62% compared to the 328 items on the trial version issued in 2016.

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