Nation offers all investors greater business access

China is opening more industries for both domestic and foreign investors with the release of its new and shortened negative list for market access, the country's top economic regulator said on Friday.

The National Development and Reform Commission and the Ministry of Commerce on Friday jointly released the updated list for 2019 on Friday. The new list now comprises 131 items, down from 151 in the 2018 version, clearly demonstrating the country's continued willingness to deepen the reforms and open up its economy, officials said.

The NDRC said the new list will ease market access to a number of sectors, including the establishment of nursing homes and social welfare institutions, to further relax market barriers and boost market vitality. It also includes newly established access measures such as registration of initial public offerings on the science and technology innovation board.