The Chinese National Development and Reform Commission announced this month that it is to allow foreign direct investment (FDI) into several new industrial sectors. The changes affect the aviation, shipbuilding and automobile industries. From this year, restrictions on foreign investment in the design, manufacture and maintenance on most commercial aircraft will be lifted. And the rules making it a requirement for Chinese investors to be involved in joint ventures for designing, manufacturing and maintaining ships will also go by the end of the year.
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