Negative-List上海自贸区负面清单英文版

Page1Note:TheEnglishversionisforreferenceonly.IftheEnglishversionandtheChineseversionisdifferent,pleaseChineseversionshallprevail.SpecialAdministrativeMeasures(NegativeList)onForeignInvestmentAccesstotheChina(Shanghai)PilotFreeTradeZone(2013)ShanghaiMunicipalPeople'sGovernmentInterpretationsTheSpecialAdministrativeMeasures(NegativeList)onForeignInvestmentAccesstotheChina(Shanghai)PilotFreeTradeZone(2013)(theNegativeList),whichisbasedonthelawsandregulationsonforeigninvestment,theFrameworkPlanfortheChina(Shanghai)PilotFreeTradeZone,theCatalogueofIndustriesforGuidingForeignInvestment(2011AmendedVersion),etc.,setoutadministrativemeasuresapplicabletoforeigninvestmentprojectsandestablishmentofforeign-investedenterprisesintheChina(Shanghai)PilotFreeTradeZone(thePilotFreeTradeZone)wherenationaltreatmentisnotgranted.TheNegativeListiscompiledaccordingtotheClassificationandCodesofNationalEconomicIndustries(2011)andincludes18industries.Twosectors,namely(S)Publicmanagement,socialsecurityandsocialorganizationsand(T)InternationalorganizationsarenotsubjecttotheNegativeList.ForareasfallingoutsidetheNegativeList,pre-approvalwillnolongerberequiredforforeigninvestmentprojects(withtheexceptionwherepre-approvalisstillrequiredevenfordomesticinvestmentprojectsasstipulatedbytheStateCouncil)andestablishmentofforeigninvestmententerprises;insteadfiling(i.e.reporting)requirementswillapply.ApartfromthespecialadministrativemeasureslistedintheNegativeList,foreigninvestorsareprohibited(orrestricted)frominvestmentinindustrieswhichareprohibited(orrestricted)byChina,orbyinternationalagreements/treatiesChinaconcludedwithothercountries/jurisdictions.ForeigninvestorsarealsoprohibitedfrominvestmentinprojectswhichwouldcompromiseChina’snationalorsocialsecurity,andfrombusinessoperationswhichwouldcompromisethepublicinterest.ThefollowingactivitiesinthePilotFreeTradeZoneshallcomplywithrelevantregulations:mergersandacquisitionsbyforeigninvestors,strategicinvestmentsinlistedcompaniesbyforeigninvestors,foreigninvestors'usingequityinterestindomesticenterprisesforcapitalcontributionpurpose;ifanationalsecurityoranti-monopolyinvestigationisinvolved,relevantregulationsshallbeapplied.TheNegativeListalsoappliestoinvestmentsinthePilotFreeTradeZonebyinvestorsfromtheHongKongSpecialAdministrativeRegion,theMacaoSpecialAdministrativeRegionandTaiwan.Ifmorefavorabletreatment(ifapplicableinthePilotFreeTradeZone)isavailableforqualifiedinvestorsaccordingtotheMainlandandHongKong/MacauCloserEconomicPartnershipAgreementandtheirsupplements,theCross-StraitsEconomicCooperationFrameworkAgreementandthefollow-upCross-StraitsAgreementonTradeinServices,andotherfreetradeagreementssignedbyChina,suchtreatmentshallprevailovertheNegativeList.Page2AccordingtothelawsandregulationsonforeigninvestmentandthedevelopmentneedsofthePilotFreeTradeZone,theNegativeListwillbeadjustedwhenappropriate.SpecialAdministrativeMeasures(NegativeList)onForeignInvestmentAccessintheChina(Shanghai)PilotFreeTradeZone(2013)Classes(Codes&Descriptions)Categories(Codes&Descriptions)Sub-categories(Codes&Descriptions)SpecificregulationsA-Agriculture,forest,husbandryandfisheryA01-Agriculture,A02-Forest,A03-Husbandry,A04Fishery,A05-Agriculture,forest,husbandry,fisheryservices1.Planting/breedingfortraditionalChinesemedicine(equityorcooperativejointventuresonly)2.Breedingofnewcrops,seedsproduction(restricted,equitycontrolledbyChineseparty1)3.Cropsseedsenterprises(equityorcooperativejointventuresonly;minimumregisteredcapitalofUS$2millionforinvestinginseedsofgrain,cottonandoilcrops,withChineseparticipationover50%;minimumregisteredcapitalofUS$0.5millionforinvestinginotherseeds)4.Cotton(seedcotton)processing(restricted)5.Processingoflogsderivedfromrarespeciesofwoods(restricted,equityorcooperativejointventuresonly)6.R&D,breeding,cultivationofrareorpeculiarspeciesandproductionofrelevantpropagationmaterialsincludingsuperiorgenesincrops,husbandryandaquaticsectors;R&DinGeneticallyModifiedOrganisms(GMO)andproductionofgeneticallymodifiedcropseeds,animalandaquaticbreeds(prohibited)7.FishingofaquaticproductsofseaareasandinlandwaterswithinChina(prohibited)1EquitycontrolledbyChinesepartyreferstoasituationwhereChineseinvestors'participationrateis51%orabovePage3Classes(Codes&Descriptions)Categories(Codes&Descriptions)Sub-categories(Codes&Descriptions)SpecificregulationsB-MiningB06-CoalexploitationandcleaningExploitationofspecialandraretypeofcoalresources(restricted,equitycontrolledbyChineseparty)B07-Oilandnaturalgasexploration1.Coalbedgasexplorationandcomprehensiveutilizationofminegas(equityorcooperativejointventuresonly)2.Oilandnaturalgasexploitation(equityorcooperativejointventuresonly)3.Exploitationoflowpermeabilityoilandgasreservoirs(fields)(equityorcooperationjointventuresonly)4.Developmentandapplicationofnewtechnologiestoimproveoilrecovery(equityorcooperativejointventuresonly)5.Developmentandapplicationofnewtechnologiesinoilexplorationandexploitation(e.g.geophysicalprospecting,drilling,measuring,logging,down-holeoperation)(equityorcoop