Beijing Municipality issued on December 28, 2017 a new round of opening up measures for the expansion of the comprehensive pilot of opening up of the service industry. At present, the rules and regulations related to the 10 opening up measures have been adjusted, which provides a guarantee of law for implementing the new round of expansion of opening up measures and pushing forward the expansion of the comprehensive pilot of opening up of the service industry in Beijing Municipality to be advanced to depth.
These measures include the permission for the foreign businessmen to invest in the sales agencies of aviation transportation and the cancellation of the requirement for the proportion of the foreign technical staff of foreign-funded construction engineering design enterprises, the permission for the foreign businessmen to invest in manufacturing audio-visual products in specific areas, the selection of the specific areas aggregated with entertainment business to allow foreign businessmen to invest in setting up operation entities of performance venues and entertainment places, the relaxation of the approval conditions for foreign-funded banks to conduct RMB business, the relaxation of the conditions for foreign businessmen to set up investment companies, the exploration of the close business cooperation mode and mechanism between Chinese law firms and foreign law firms as well as law firms in Hong Kong, Macao and Taiwan, the relaxation of the relevant conditions for Sino-foreign jointly funded talent agencies and the interpretation and explanation of the relevant opening up measures to allow the overseas new drugs which are not yet on the market to, after approval, be synchronously carried out clinical trials in the country.
The State Council approved the “General Plan for the Expansion of the Comprehensive Pilot of Opening up of Service Industry in Beijing Municipality” on May 5, 2015. The Beijing Municipality focused on six areas to implement the reform and opening up measures in the whole city. Shen Jinsheng, Deputy Director-General of the Beijing Municipal Commission of Commerce, said that compared with the list in the first round of opening up of the approved General Plan in 2015, the new round of opening up measures continued to develop further, more sectors are involved in the opening up and the opening up expands largely. It is reported that the new round of 10 list of the relaxation of foreign investment access cover nine sectors. Compared with the list in the first round of opening up in the General Plan, four sectors of Radio, television, film and audio-visual industry, enterprise management services, legal services and medical research, test and development are newly added.
After more than two years of exploration, good results have been achieved in the expansion of the comprehensive pilot of opening up of the service industry. At present, 91% tasks of the 141 projects in the first round of pilot of the General Plan have completed, 58 innovative measures with the best initiative or best effect in the whole country have been formed and 85 pilot tasks of the "Deepening Plan" have been completed by more than a half. In the first three quarters, the proportion of the added value of the service industry in Beijing reached 82% of GDP, 4.1 percentage points higher than that before the pilot. From January to October, the import and export of trade in services reached RMB 802.27 billion Yuan, accounting for 12.1% increase and accounting for 20.7% of that nationwide. From January to November, the actual utilization of foreign capital was USD 24.3 billion, accounting for 87% increase and accounting for 95.4% of the service industry.