Stage 01 · Market Entry

Negative List Review

Market-access classification & strategy

China's Negative List defines the narrow set of sectors where foreign investment is restricted or prohibited — everything outside it is open and treated no less favorably than domestic investment.

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Negative List Review

Market-access classification & strategy

China's Special Administrative Measures (Negative List) for Foreign Investment is updated annually, and the direction of travel has been gradual liberalization. But “restricted” sectors (certain telecom, media, and education services) still require a Chinese controlling partner, and a handful of “prohibited” sectors remain closed.

We run your product and business plan against the current List — and the shorter free-trade-zone versions — to determine whether your sector is Encouraged, Permitted, Restricted, or Prohibited, then design the market-access path: a direct WFOE, a capped-equity JV, a VIE structure, or a holding-and-contracting arrangement.

What we cover
  • Current National vs. Free Trade Zone Negative Lists
  • Encouraged-category eligibility for incentives
  • Sector-specific licensing and pre-approvals
  • Equity caps and nationality-of-investor rules
Typical deliverables
  • Market-access classification memo
  • Structure recommendation
  • Licensing roadmap and timeline
Negative ListEncouraged IndustriesFree Trade Zones

Reference: Foreign Investment Law (2020) · Special Administrative Measures (Negative List) for Foreign Investment Access

Need help with this?

We work in English and Chinese, on your timeline. Initial consultations are confidential and without obligation.

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