Beijing to open more sectors to foreigners

Beijing

CHINA will substantially cut the number of sectors closed to foreign investment, its central bank governor said on Sunday. But Zhou Xiaochuan of the People's Bank of China (PBOC) also said that as his country opens wider, "we want China to get fair treatment overseas".

Among financial sectors targeted for further opening in China were banking, insurance, investment banking, securities firms and payments, he told the Boao Forum for Asia.