China’s has expanded the list of industries in which it will seek to encourage foreign investment by 10 per cent. A total of 127 areas have been added to the list, taking the total to 1,235 from 1,108 on the previous list. The new list will come into effect on January. 27 China will seek to attract foreign investment in advanced manufacturing including artificial intelligence, semiconductors and 5G-related technology development, the National Development and Reform Commission said on Monday. China will also encourage foreign investment in the development and production of plant-based meat food products, it added. Up to 88 existing areas have also been modified to expand their coverage. Foreign investors entering industries on the list will enjoy preferential policies related to taxation and land use.