China promises greater market openness in emerging industries
3 months, 3 weeks ago

China promises greater market openness in emerging industries

China Daily  

A robot inspects operations at a net-zero emissions data center in Haidong, Qinghai province, in March. BEIJING -- China is set to remove more entry barriers in emerging industries by leveraging special policy tools to facilitate the application of new technologies, the country's top economic planner said Friday. Pilot programs will be implemented in key areas to spearhead this effort, with special measures aimed at easing market access to be introduced in stages, Li Chunlin, deputy director of the National Development and Reform Commission, told a press conference. Elaborating on the highlights of this document, Li said it is the first of its kind to focus on ten emerging industries, including aerospace, aviation, new energy and artificial intelligence, among others. The document further refines negative list management, sets clear-cut access rules, enhances coordination between domestic and foreign investment access policies, and optimizes entry for new industries, among other areas, Li said.

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