Beijing’s state planner softens tone on foreign investment in Chinese technology sector
Beijing’s state planner softens tone on foreign investment in Chinese technology sector
Publish Date: 2026-05-21 23:08:00
Source Domain: investinglive.com
China’s NDRC said it never told Chinese tech firms they could not accept US investment, adding that foreign capital must comply with Chinese law and must not harm national security.
Summary:
Source: China’s National Development and Reform Commission (NDRC), via newswire
- The NDRC, China’s top economic planning body responsible for setting national investment and development policy, said it had never instructed Chinese technology companies to refuse foreign investment
- Foreign investment is welcome but must comply with Chinese laws and regulations
- Any foreign capital must not be seen to harm China’s national security or national interests
- The NDRC confirmed it is preparing supporting documents to accelerate the implementation of artificial intelligence across the economy, with plans to further strengthen resource allocation to the sector
China’s top economic planning authority has moved to clarify that foreign investment in Chinese technology companies has never been prohibited, a statement that carries notable significance against the backdrop of gradually thawing relations between Beijing and Washington.
The National Development and Reform Commission, known as the NDRC, is the powerful state body at the heart of China’s economic policymaking, responsible for setting national investment priorities, approving major infrastructure projects, and coordinating industrial strategy across the world’s second-largest economy. Its public statements on investment policy carry considerable weight for both domestic and international market participants.
The NDRC addressed directly the question of whether Chinese technology firms had been told to avoid accepting capital from the United States. The answer was an unambiguous denial: no such instruction had been issued. Foreign investment, the commission said, remains welcome in the technology sector, provided it complies with Chinese laws and regulations and does not harm China’s national security or broader national interests.
The…