Recently, the Shanghai authorities released the latest version of the 2018 "Shanghai Industrial Structure Adjustment Negative List", involving more than 500 contents in 15 major industries, which will have a major impact on Shanghai's future economic development and industrial investment.

This "Negative List" covers 15 industries including electricity, chemical, electronics, steel, nonferrous metals, building materials, medicine, machinery, light industry, textile, printing, shipbuilding, telecommunications, etc., a total of 541 items (337 categories of elimination, restricted class 204 (Item), can be used as a relevant unit to carry out structural adjustments and improve energy efficiency.

Shanghai released the “Industry Negative List” to further clarify and strengthen Shanghai's industrial structure and future development.

Shanghai has made a lot of efforts in expanding economic development in recent years. At the opening ceremony of the first China International Import Expo this year, General Secretary Xi Jinping delivered a speech saying that a new area of China's Shanghai Free Trade Zone will be added to encourage and support Shanghai's innovation and exploration in promoting investment and trade liberalization and facilitation.