Update: China to Further Open Up Telecom, Medical Sectors to Foreign Investors, Xi Says

President Xi Jinping vowed to create more business opportunities for European firms and further open up China’s services sector, including telecommunication and medical fields, to foreign companies, during an official visit to France this week.

“We are considering and taking major steps to further deepen reform across the board, steadily expand institutional opening up, further expand market access, and shorten the negative list for foreign investment,” Xi said when addressing a China-France Business Council meeting in Paris Monday.