Services' first negative list goes to Hainan

Cross-border trade policy promises higher level opening-up, transparency

China on Monday unveiled its first negative list for cross-border trade in services. The list will be implemented in the Hainan Free Trade Port.

It is a major breakthrough in the country's opening-up for trade in services, said senior government officials.

Called the Negative List of Hainan Cross-Border Trade in Services, it is scheduled to take effect on Aug 26.