National Development and Reform Commission: The " Catalogue of Encouraged Industries in the Western Region (2020 Edition)" was revised and published

SHANGHAI, Jan 27 (SMM)—Recently, the National Development and Reform Commission issued the "Catalogue of Encouraged Industries in the Western Region (2020 Edition)", which was formulated to promote formation of a new pattern for development of the western region and promote industrial structure adjustment and development of advantageous industries in the western region. This catalogue consists of two parts—one is encouraged industries in national existing industry catalogue, and the other is newly-added encouraged industries in the western region. On the premise of complying with the market access policy, this catalogue is in principle applicable to all types of enterprises producing and operating in the western region, among which foreign-invested enterprises shall comply with the "Catalogue of Industries Encouraging Foreign Investment".

The "Catalogue of Encouraged Industries in the Western Region (2020 Edition)" has been approved at the 11th executive meeting of the National Development and Reform Commission on November 5, 2020, and with the approval of the State Council, it will take effect from March 1, 2021. The "Catalogue of Encouraged Industries in the Western Region" issued by the National Development and Reform Commission in 2014 (National Development and Reform Commission Order No. 15 of 2014) shall be repealed simultaneously.