Ministries release latest market access negative list

The National Development and Reform Commission and the Ministry of Commerce have issued the latest version of the national market access negative list.

In a notice released online on Friday, the ministries asked governments of all provinces and all central government departments to implement the list earnestly and not set up their own lists.

All kinds of market entities have the right to enter businesses not on the list equally and according to law, the ministries said, and the authorities must not require them to apply for administrative approval to operate such businesses.

For businesses on the negative list, the authorities should provide clear information to market entities, including the procedures they need to go through to get approval for running such businesses.

The authorities should follow market feedback closely, detect and remove unreasonable restrictions on market access and create a stable, fair, transparent and predictable business environment, the ministries said, urging them to come up with advice to improve the market access negative list system.