China unveils draft of latest 'negative list' for investment

New section curbing funds to media sector sparks concern over press control

20211013 China ministry of commerce

China's Ministry of Commerce and the National Development and Reform Commission are seeking public comments on the draft until Oct. 14. © AP

CHENG SIWEI and HAN WEI, Caixin

China has unveiled a draft revision to a list of industries for which investment is restricted or prohibited, reducing the overall number of businesses subject to entry barriers while adding new restrictions for media, finance and cryptocurrency.

The National Development and Reform Commission along with the Ministry of Commerce on Friday published a draft of their "negative list" and are seeking public comments on it until Oct. 14. for its annual revision.

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