On 30 June 2014, the Shanghai government issued the Special Administrative Measures for Foreign Investment Access in the China (Shanghai) Pilot Free Trade Zone (Negative List) As Amended in 2014, amending the Special Administrative Measures for Foreign Investment Access in the China (Shanghai) Pilot Free Trade Zone (Negative List 2013).
Teddy Li
通力律师事务所
律师
Associate
Llinks Law Offices
In this amended version, the special administrative measures for numerous industries – particularly for industries of great concern to foreign investors, such as the healthcare, culture, sports and entertainment industries – have been deleted from the 2014 Negative List.
Culture, sports and leisure
“Investment in internet access service business premises (internet cafes) is prohibited”, “investment in the gaming industry (including horse racing tracks with betting) is prohibited”, etc., have been deleted from the 2014 Negative List, leading some to wonder if this signifies that the China (Shanghai) Pilot Free Trade Zone (FTZ) is opening access to these industries to foreign investment.
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