Xinhua Insight: China to open up like never before

Delivering a government work report to NPC deputies Sunday morning, Premier Li Keqiang detailed unprecedented opening-up measures to the outside world.

Foreign firms will be able to get listed on China’s stock markets and issue bonds. They will also be allowed to participate in national science and technology projects, Li said.

Foreign firms will be treated the same as domestic firms in license applications, standards setting, and government procurement, and will enjoy the same preferential policies under the Made in China 2025 initiative, a plan to modernize the manufacturing sector.

Significant improvements will be made in the environment for foreign investment. Service industries, manufacturing and mining will be more open to foreign investment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s