'Negative list' a positive factor

The Guangdong provincial government has issued a "negative list" covering investment access by domestic companies, becoming the first province in the country to apply such a list.

"Negative lists" specify areas in which activity is limited or prohibited.

Along with that list, a compilation of items necessary for government approval and supervision in investment by domestic companies were also released on Feb 17, Li Chunhong, director of the provincial development and reform commission, told a news conference on Friday.