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Global Trade Alert

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China: State Council confirms further opening up of insurance and banking sectors

Description

On September 30th, 2019, the State Council of China penned its Order No. 720 (hereafter, 'Order'), which changed two pieces of Chinese regulation pertaining to the insurance and banking sectors, respe...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

15 Oct 2019

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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