China unveiled a new, shortened negative list for market access on Friday, opening more industries to Chinese and foreign investment, according to the country's top economic regulator.

  Experts said the move is a continuation of the country's ongoing efforts to expand market access and introduce greater opening-up.

  The National Development and Reform Commission and the Ministry of Commerce jointly released the updated negative list for 2022, which indicates areas where investment is prohibited or restricted; all other areas are presumed to be open. It now comprises 117 items, down from 123 in the 2020 version, according to the NDRC.

  Source: China Daily