National Development and Reform Commission
国家发改委
The National Development and Reform Commission (国家发改委) is a central government agency in China primarily involved in macroeconomic planning and policy coordination. Per a 峰瑞资本 piece, in June 2018 it jointly issued with the Ministry of Commerce a shortened negative list for foreign investment access, reducing restricted sectors from 63 to 48 . More recently, in late 2024 it established a new Low-Altitude Economy Department (低空经济司), signaling policy support for the eVTOL and drone sector . The commission also collaborates with the Ministry of Finance on fiscal measures such as the 150 billion yuan in ultra-long special treasury bonds issued in September 2024 for consumer goods trade-in subsidies .
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Coverage
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