Yes in most sectors. The 2026 negative list restricts foreign ownership in only 29 areas nationally (fewer in free-trade zones); manufacturing is now fully open. Restricted sectors use JV structures with defined caps.
Ownership follows the negative list: if your sector is not on it, a WFOE gives you 100% ownership with full profit-repatriation rights. Restricted areas include basic telecom, certain education and medical sub-sectors (though wholly foreign-owned hospitals now run in nine pilot areas), news media and rare-earth processing. A single foreign individual can be the sole shareholder — this is also the standard vehicle for relocating independents, because China has no freelancer visa.
One partner for the whole journey
Zhonghui Consulting — licensed, fixed-fee, English-speaking. cross-border compliance engagements, ICPA-reviewed.
See All Services & Pricing → Free AI Entry CheckGeneral information only — not legal, tax, or immigration advice. Rules change; verify with official sources (SAMR, STA, SAFE, MOFCOM, NIA) and licensed advisors before acting.