Global Trade Alert
Global Trade Alert

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China: Foreign access to payment services sector made easier

Description

In the People's Bank of China (PBOC)'s Announcement 2018/7, it was announced that foreign-invested enterprises (FIEs) would be permitted to participate in the payment services industry in the PRC. Pre...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

19 Mar 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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