»»China to Lift Restrictions on Market Access in the Service Industry
Further reforms to various service industries, such as the telecom industry, railway industry and civil aviation industry are expected to be introduced in China, the National Development and Reform Commission announced.
They will lift restrictions on market access to promote competition and the reorganization of state-owned assets to diversify the source of investment.[…]
Some departments will make a greater effort to develop private enterprises in the service industry, and increase the proportion of private business in the service industry. […]
Henceforth, all service industries without explicit bans imposed by laws and regulations will be open to all social capital; all industries open to overseas investment will be open to domestic investment; and all industries open to local enterprises will be open to foreign investments.
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