Ning Jizhe: Government Procurement and Deputy Head

ning jizhe: Under the new negative list, Chinese policymakers will further open up the agriculture, mining, manufacturing and services sectors, and allow wholly foreign-funded enterprises to operate in more sectors, Ning Jizhe, deputy head of the National Development and Reform Commission told a press conference on the sidelines of the annual legislative session, according to Global Times China. All foreign-owned enterprises will be given pre-establishment national treatment in China. The country will also launch the third batch of major foreign investment projects this year as part of its consistent attempt to open up the economy, a senior official of the country's top economic planner said on Wednesday. They will be treated equally in government procurement, standard setting, industrial policy, technology policy, certificate permits, registration and financing, according to Ning. The country will support those projects not only in land use and energy use but also in speeding up the approval process. Ning also said at the conference that this year, China will introduce the third batch of major foreign investment projects in new energies, advanced manufacturing, petrochemicals and electronic information industries. (news.financializer.com). As reported in the news.

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