Catalogue for the Guidance of foreign Investment Industries - 2004

While the revised catalogue has maintained the continuousness and steadiness of China's policy in absorbing foreign investment, there are the amendments in following 3 areas:

1. To satisfy the need of introducing advanced technology and further opening up China market, the revised catalogue, based on the development priority in China, has included or amended the existing category of a number of industries and products to "encouraged" projects.

2. Ease the investment boundary for foreign investors to fasten the speed of opening up the servicing business market to outsiders.

3. Based on China's macro-control policy, the revised catalogue has restricted the blind and low-level investment to several industries by deleting the blind investment and over-heated development industries from "encouraged' projects and moved to the category of "permitted" projects. This helps to avoid some industries or products that are request the needs from foreign investors' investment and bring in advanced technology, but becoming over-heated and low-level development continuingly.