China to draft its first negative list for cross-border trade in services for Hainan free trade port
China to draft its first negative list for cross-border trade in services for Hainan free trade port

China to draft its first negative list for cross-border trade in services for Hainan free trade port

 

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Chinese authority has announced more details of the plan to build its island province of Hainan into a world-class free trade port (FTP), pledging to draft China’s first “negative list” for trade in services by the end of this year for the region.

China will work to create a negative list for cross-border trade in services within this year, Wang Shouwen, a vice minister of commerce and deputy China international trade representative, said at a news briefing on Monday.

The list will specify the areas in which overseas investors are restricted from . . .

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