China prohibits foreign investors from investing in rare earth mining in pilot free trade zone
2021-12-29 17:36:50 [Print]
With the consent of the CPC Central Committee and the State Council, the National Development and Reform Commission and the Ministry of Commerce issued the Special Administrative Measures for Foreign Investment Access (Negative List) (2021 version) and the Special Administrative Measures for Foreign Investment Access in the Pilot Free Trade Zone (Negative List) (2021 version) on December 27, 2021, which will come into force on January 1, 2022.
In the 2021 version for China and the pilot free trade zone, items in the negative list of foreign investment access were further reduced to 31 and 27, with the reduction ratio of 6.1% and 10% respectively.
According to the Special Administrative Measures for Foreign Investment Access in the Pilot Free Trade Zone (Negative List) (2021 version), foreign investors are prohibited from investing in the exploration, mining and mineral processing of rare earth, radioactive minerals and tungsten. (Without permission, foreign investors are prohibited from entering rare earth mining areas or obtaining mine geological data, ore samples and production technology.)
In the 2021 version for China and the pilot free trade zone, items in the negative list of foreign investment access were further reduced to 31 and 27, with the reduction ratio of 6.1% and 10% respectively.
According to the Special Administrative Measures for Foreign Investment Access in the Pilot Free Trade Zone (Negative List) (2021 version), foreign investors are prohibited from investing in the exploration, mining and mineral processing of rare earth, radioactive minerals and tungsten. (Without permission, foreign investors are prohibited from entering rare earth mining areas or obtaining mine geological data, ore samples and production technology.)
