Mar 05, 2015 04:21 PM

China Plans More Opening to Foreign Investment, Li Tells NPC

(Beijing) – China will halve the number of sectors in which foreign investments face restrictions this year to further open its markets, especially the services and general manufacturing industries, Premier Li Keqiang said on March 5.

The central government aims to do so with a revision to the Catalogue for the Guidance of Foreign Investment Industries, which details how foreign investors should be treated depending on whether their investment is in an encouraged, restricted or prohibited area, he said.

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