OBS_VALUE: Air transport services are still within the Negative List and subject to approval by MOFCOM or related authorities.  Prior to 2020, the Detailed Rules for the Implementation of the Law on Wholly Foreign-Owned Enterprises provided that, the remarkable economic benefits of the investment to the development of China’s national economy should be considered when establishing foreign-owned enterprises. However, the Law on Wholly Foreign-Owned Enterprises and the corresponding Detailed Rules has expired since the promulgation of the Foreign Investment Law. Now, there is no explicit reference to economic motives or economic interests as a criterion for approval. Article 35 of the Regulation for Implementing the Foreign Investment Law stipulates that there should no discriminatory treatment when approving foreign investment. 