BEIJING, May 19 (Xinhua) -- Chinese authorities will revise the negative list for market access on an annual basis, and will unveil the 2019 version later this year.
To upgrade the negative list, China will set up a mechanism that combines annual revision with dynamic adjustments, the National Development and Reform Commission said in a statement.
By doing so, the country will keep the list in line with the latest developments of its reforms, and respond to the calls from market players to continue relaxing market access barriers, the statement said.
The country will work to apply the same negative list around the whole country, and ensure that all legal and effective management measures are included in it.
"We will resolutely eliminate illegal market access approvals, covert access thresholds, and negative lists on access made by local authorities," the statement said.
The negative list for market access outlines sectors, fields and businesses off-limits for investors. Industries, fields and businesses not on the list are open for investment to all market players.
China announced the 2018 version of the negative list in December.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses
