Will China Grant Broader Access to Wholly-Owned Foreign Companies? 
Guo Liqin
/SOURCE : yicai
Will China Grant Broader Access to Wholly-Owned Foreign Companies? 
Yes. As China's foreign trade negotiations progress it will lift foreign equity ratio limits in more sectors th year./n/n/n/n/nChina released two shortened negative lts in the second half of last year. Th means that the government will not only allow more foreign wholly-owned units but will also grant private companies broader market access.

In addition to the further opening-up of the financial, service, agriculture, mining and manufacturing sectors, the country also deepening reforms in telecommunications, education, healthcare and culture.

China will liberalize foreign shareholding ratios in education and healthcare where the domestic market gap large. It has already allowed up to 51 percent of foreign shareholding in securities brokerages and will later allow foreign wholly-owned units. The opening up of the insurance field also gathering pace.

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Keywords: Predictions2019 , Wholly-Owned Foreign Companies , Opening-Up