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Ministry of Commerce to ease rules for foreign enterprises
2013-11-20 (Xinhua)   2013-11-20 11:18:28

BEIJING, Nov. 20 (Xinhuanet) -- Government agencies across China have already started to carry out reform measures from the Final Decision’s Report released last Friday. China’s Ministry of Commerce says it will speed up market access for multinationals.

MOFCOM says it will also keep a set of transparent, stable and predictable policies towards foreign investment.

"We will further open up China’s service sectors to foreign players. These sectors include architecture and design, accounting, auditing and e-commerce to name a few. We would also ease the entry threshold for foreign capital into various manufacturing sectors, including steel, chemical, and the automobile industries. Specifically, the easing covers areas of capital registration, equity ratios, and the scope of operations required of foreign stakeholders," said Shen Danyang, Spokesperson of Ministry of Commerce.

(Source: CNTV.cn)

Editor: Shen Qing
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