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"China has further reduced restrictions on market access by foreign investors and now allows foreign investment throughout China in sectors where it was previously permitted only in pilot free trade zones," said Paul McKenzie, managing partner of Morrison & Foerster's Beijing office. "Strong headwinds will likely continue at least until the US-China trade relationship improves. Perhaps a more dramatic set of further amendments to the negative list will come out of the current trade talks," McKenzie said.

"Care should be given to guarding against possible transmission and spread of imported cases from outside China," the guidelines said.

"China has invested heavily in Africa and therefore it is in its interest to promote peace and security that is key to improve the business environment."

"China has many favorable conditions and will actively solve problems that have occurred in its way forward through reform and development," he said.

"China follows its own path," he said, referring to socialism with Chinese characteristics.