Author: Fan Feifei,Zhong Nan and Ouyang Shijia

China’s recent move to remove all foreign investment restrictions in manufacturing has sparked enthusiasm among multinational corporations looking to deepen their ties with the country. The shortened negative list for foreign investment access, set to take effect on 1 November, indicates China’s commitment to expanding high-standard opening-up. The Ministry of Commerce praised the new list for its role in establishing a modern industrial system and attracting more foreign investment in advanced manufacturing and high-tech industries. Foreign-funded companies like Rockwell Automation and Panasonic Holdings Corp are optimistic about the opportunities this presents for their long-term growth in China. Experts and officials…