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China has further downsized the 2021 negative lists for foreign investment, with the restrictions on foreign ownership in passenger vehicle makers removed, but banned foreign investors from investing in rare earth mining sector, according to the lists jointly released by the National Development and Reform Commission (NDRC) and the Ministry of Commerce on Monday.
The number of sectors restricted for foreign investors have been reduced to 31 at the national level, decreasing by 6% from . . .
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