China to scrap shipbuilding, airplane manufacturing share-holding limits for foreign investors this year

BEIJING - China will scrap share-holding limits in the shipbuilding and airplane manufacturing sectors for foreign investors this year, the country's top economic planner said Tuesday.

The limits will be lifted on shipbuilding processes including design, manufacturing and repair, and on production of airplanes including trunk and regional airliners, general-purpose airplanes, helicopters, drones and aerostats, according to the National Development and Reform Commission.