FTZ 'negative list' defines maximum opening possibilities

Pornography and gambling businesses banned in Shanghai free trade zone

The new Shanghai Free Trade Zone published on Monday its first negative list, an innovative management approach that increases foreign investors' freedom because any sectors not banned on the list are open to them.

The negative list groups 18 main sectors of the national economy, such as manufacturing, transportation, IT and finance, and further subdivides them into 1,067 subcategories.