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China to open more to foreign investment

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China will substantially cut the number of sectors not open to foreign investment as it seeks fairer treatment for Chinese firms investing overseas, China's central bank governor Zhou Xiaochuan said on Sunday.

[BEIJING] China will substantially cut the number of sectors not open to foreign investment as it seeks fairer treatment for Chinese firms investing overseas, China's central bank governor Zhou Xiaochuan said on Sunday.

Zhou Xioachuan, speaking during the Boao Forum for Asia, said that when China opens wider, "we want China to get fair treatment overseas".

He added that Beijing was waiting on the new United States administration to see how to move forward on trade and investment negotiations.

REUTERS

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