China

China

Opens several services sector to FDI in Tianjin, Shanghai, Hainan, and Chongqing

20 Apr 2021

On April 20, 2021, China approved comprehensive pilot programs on the opening the service sector to FDI in the Tianjin, Shanghai and Chongqing municipalities, and in Hainan province.

The 12 service sectors to be further opened in Tianjin, Shanghai, Chongqing, and Hainan are categorized into fully competitive, limited competitive, competitive services in natural monopolies, and services in specific fields. They include scientific and technological services, financial services, commercial services, logistics, healthcare, education, telecommunications, electricity services, telecommunications, e-commerce services, tourism, and culture, sports, and entertainment.