The National Development and Reform Commission and the Ministry of Commerce released on December 31, 2020 the Special Administrative Measures (Negative List) for the Access of Foreign Investment in Hainan Free Trade Port (2021 Edition). The negative list will be implemented from February 1, 2021.
Compared to the 2020 edition of negative list, the new list is shortened to 27 items. Specifically, Hainan Free Trade Port will expand openness in the markets of value-added telecommunication services and education training, scrap market access restrictions for foreign investors in online data processing and transaction, lower access threshold in manufacturing and mining sectors, and lift the bans on foreign investment in rare earths, radioactive minerals, mine explorations and selections.