With China's accession to the World Trade Organization (the "WTO"), China will be further opening up its marketplace to foreign investors.

Various new changes and relaxations to improve the investment environment and the ease of entry for foreign investors are undertaking:

 China will remove the tariff barriers on a broad range of imports, including agricultural and industrial products.
 Restrictions on domestic trade to foreign companies will be lifted in the next 3 years for most products.
 Foreign investment restrictions on many services industries, including financial services, insurance, securities, professional services, business services, audio-visual and tourism etc will be relaxed.

This article attempts to provide foreign investors with some insights on the important issues for their entry and expansion strategies in the PRC market.