On 10 March, 2015, the National Development
and Reform Commission and the Ministry of Commerce of the People's Republic of
China jointly issued the Catalogue of Industries for Guiding Foreign Investment
(2015 Amendment) (Catalogue), which was approved by the State Council.
Generally speaking, the limits on foreign investment have been reduced in the
Catalogue.
Source: Baidu
The items on encouraging investment in
pesticide production remain unchanged. For instance, the foreign investment in
the development and production of the new varieties, new formulations, and
special intermediates, assistants of pesticides with high-efficiency, safety
and environmentally friendly is encouraged; the foreign investments in the
development and application of related clean production technique (including
technologies of methylene method acetochlor and glyphosate recycling methyl
chloride) and in the development and production of biopesticide and biological
products for preventing and combating plant diseases and insect pests are also
encouraged.
It is worth noting that the limits of
foreign investment in chemical raw material and chemical products manufacturing
industries are canceled. Especially the foreign investment in the production of
sodium carbonate, nitric acid, ethylene and inorganic salt are no longer
limited. This marks that these kinds of industries in China develop maturely
and China want to introduce more high-end technology to perfect its related industries.
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