China Releases Catalogue of Industries Encouraging Foreign Investment (2022 Version)

On October 28, 2022, China released the Catalogue of Industries Encouraging Foreign Investment (2022 Version), which will come into effect on January 1, 2023.

The new version of the Encouragement Catalog has 1474 articles and mainly revised the following content: (1) It continues to encourage foreign investment in manufacturing industry. (2) It continues to guide foreign investment in productive services. The national catalogue will promote the integration of service and manufacturing industries as the focus of the revision. (3) It Continues to optimize the use of foreign investment in the regional layout. It will expand the encourage scope of the central and western catalogue which will combine with the comparative advantages of local labor and special resources.