That's correct.
Mr. Burney, I appreciate that the Canada-China FIPA is a strong step toward greater transparency and opportunities for Canadians to invest in China. At least it gives them the same favourable status as other third countries in respect of the approval process.
You said that China was not an easy market for entry of foreign investments, that almost all investments coming into the country must go through an approval process, and that some sectors are completely off limits. Which other sectors besides mining, which you mentioned, are off limits?
You also said that in other sectors, foreign investments are restricted or encouraged. Which other sectors are we talking about, and can you explain what you mean by “restricted or encouraged”? I'd like to understand more fully the constraints that the Chinese put on Canadians investing in their country.