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Xi says China will accelerate market opening, expand imports

He says foreign firms should be treated fairly and the yuan currency will be kept basically stable

Published Mon, Jul 17, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Beijing

PRESIDENT Xi Jinping said on Monday China will accelerate market opening and clear administrative hurdles to boost foreign investment, while stepping up financial regulation to fend off risks.

China should quicken the pace to eliminate restrictions on foreign capital in areas such as baby products, elderly care, architecture design, accounting, auditing, logistics, and e-commerce, Mr Xi told the Communist Party's financial and economic leading group in a regular meeting, as reported by state radio.

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