China to update desired foreign investment industries catalo

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A German engineer operates equipments in the IMS Gear (Taicang) Co Ltd in Taicang, East China's Jiangsu province, on Oct 31, 2019. [Photo/Xinhua]

China is speeding up the revision of the catalog of desired foreign investment industries, the Ministry of Commerce (MOC) said on Thursday.

The public consultation on the draft of the 2020 version of the catalog ended on Aug 30 with remarkable feedback from the public, Gao Feng, spokesman for the MOC, said at a regular news briefing.

The MOC and the National Development and Reform Commission will accelerate the procedures and release it as soon as possible, he said.

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