CCM: Catalogue of Industries for Guiding Foreign Investment (2015 Amendment) released 09-01-2016

On 10 March, 2015, the National Development and Reform Commission and the Ministry of Commerce of the People’s Republic of China jointly issued the Catalogue of Industries for Guiding Foreign Investment (2015 Amendment) (Catalogue), which was approved by the State Council. Generally speaking, the limits on foreign investment have been reduced in the Catalogue.



Source: Baidu

The items on encouraging investment in pesticide production remain unchanged. For instance, the foreign investment in the development and production of the new varieties, new formulations, and special intermediates, assistants of pesticides with high-efficiency, safety and environmentally friendly is encouraged; the foreign investments in the development and application of related clean production technique (including technologies of methylene method acetochlor and glyphosate recycling methyl chloride) and in the development and production of biopesticide and biological products for preventing and combating plant diseases and insect pests are also encouraged.

 

It is worth noting that the limits of foreign investment in chemical raw material and chemical products manufacturing industries are canceled. Especially the foreign investment in the production of sodium carbonate, nitric acid, ethylene and inorganic salt are no longer limited. This marks that these kinds of industries in China develop maturely and China want to introduce more high-end technology to perfect its related industries. 



 

About CCM:

CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & ingredients and life science markets. Founded in 2001, CCM offers a range of data and content solutions, from price and trade data to industry newsletters and customized market research reports. Our clients include Monsanto, DuPont, Shell, Bayer, and Syngenta. CCM is a brand of Kcomber Inc.

 

For more information about CCM, please visit www.cnchemicals.com or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606. 

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