Cars waiting for shipment at a seaport in China on September 7, 2021.
Chinese authorities will allow foreign ownership of passenger car manufacturing in the country from January 1, 2022.
The National Development and Reform Commission is the country's top economic planning agency. The document was one of the regular releases by the government.
passenger car manufacturing was not included in the 2021. The 2020 edition of the list promised to change in 2022.
Limits on foreign ownership in the domestic auto industry have been loosened by China.
Foreign investment in rare earths, film production and distribution, and tobacco products were included in Monday's release. Foreign entities are required to form joint ventures with local partners in medical institutions.
