China further encourages foreign investment in green sectors

On 28 October 2022, the National Development and Reform Commission and the Ministry of Commerce of China published the Catalogue of Encouraged Industries for Foreign Investment (2022 Version), which will come into force and replace the currently effective 2020 version on 1 January 2023.

China started to announce and update the list of industries where foreign investment is encouraged since 1995 in a catalogue consolidating the industries encouraged, restricted and prohibited for foreign investment. Since the reform of foreign investment regulatory regime in 2019, the encouraged industry list has been announced in a standalone catalogue and updated every one or two years. Analogous to its previous versions, the 2022 Catalogue contains two sub-catalogues setting out encouraged industries respectively for the whole nation and for only central, western, north-eastern regions and Hainan Province. The 2022 Catalogue has been regarded as an effort to stabilise foreign investment and further commitment to opening up the economy.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Fidelity International

More articles like this

Fidelity Asian Values

Asian stocks mostly higher

Asian stocks were mostly higher on Tuesday as investors cheered the prospect that the world’s largest economy will avert a major debt default, improving sentiment across most asset classes. MSCI’s broadest index of Asia-Pacific shares outside Japan rose

Fidelity Asian Values

Asean prepared to be world’s new economic powerhouse

In an April report, the Asian Development Bank projected that the economies in the Asia-Pacific region will grow 4.8 per cent this year and next year, adding that growth in the region remains resilient. The Association of Southeast

Fidelity Asian Values

Asian stocks rally on Wall Street’s lead

Asia shares rallied on Thursday, following Wall Street’s lead, and the dollar held just off a two-month high versus the yen amid signs Washington might be close to a deal to raise the debt ceiling and avert a

Fidelity Asian Values

Asian stocks rise

Asian stocks finished firmly in the green Monday amid buoyant global sentiment, with investors across the region bracing for a spate of key economic data due from China on Tuesday and reacting to the latest move from the

Fidelity Asian Values

Asia poised to drive global economic growth

Asia and the Pacific is a relative bright spot amid the more somber context of the global economy’s rocky recovery. The region will contribute about 70& percent of global growth this year, a much greater share than in recent

Fidelity Asian Values

IMF raises 2023 economic outlook for Asia

The International Monetary Fund raised its forecast for Asia-Pacific, saying the region’s growth will be primarily driven by China’s recovery and “resilient” growth in India. This comes as the rest of the world braces for slower growth from tightened monetary

Fidelity Asian Values

Asian stocks rise after shaky start

Asian markets overcame a shaky start to enjoy modest gains on Thursday, bucking a session on Wall Street that saw major indices sink despite a surge in tech. Blockbuster earnings lifted the tech-heavy Nasdaq on Wednesday, with both

Fidelity Asian Values

Asian markets track higher

Asian markets mostly rose Tuesday (April 11) after an Easter break that thinned trading volumes in the region, with focus now turning to the release of US inflation data later in the week. The consumer and wholesale price

Fidelity Asian Values

Asia markets rise as oil surges

Asia-Pacific markets largely rose on Monday as investors further digested key manufacturing data in the region. Brent crude futures and U.S. West Texas Intermediate crude futures (WTI) surged as much as 8% after OPEC+ members agreed to cut more than 1 million barrels

Fidelity China Special Situations

China’s economic potential offers investors more opportunities

The huge potential and sound development of the Chinese economy will provide broad cooperation space and development opportunities for domestic and foreign investors, a senior Chinese official said Sunday. “Investing in China is investing in the future,” Zheng

Fidelity Asian Values

Asia-Pacific markets rise

Asia-Pacific markets rose on Tuesday after Wall Street staged a relief rally overnight on hopes the banking crisis may be easing, following the $3.2 billion takeover of Swiss bank Credit Suisse by rival UBS. U.S. Federal Reserve’s Federal Open Market

Fidelity Asian Values

SVB collapse will have limited impact on Asia

Analysts say the collapse of Silicon Valley Bank is not likely to have a major contagion effect in Asia. China and Japan have bucked the trend as global central banks hike rates — with the People’s Bank of China keeping its loan prime

Fidelity Asian Values

Asian currencies rise on weaker dollar

Most Asian currencies strengthened on Monday against a weak dollar, while China’s modest growth target and U.S. Federal Reserve Chair Jerome Powell’s looming testimony prompted investors to turn cautious. The South Korean won and the Indian rupee led

No more posts to show