Premier Li Keqiang: China requires eliminating barriers to investment

Premier Li Keqiang: China requires eliminating barriers to investment

China is bound to remove barriers to foreign investment and generate jobs just to bolster surge in the country, the world's number two economy, as Premier Li Keqiang told.

This week, China’s authorities relaxed curbs on foreign investment, excluding up to 30 entries from a list to ensure more access into its services, mining and manufacturing sectors. Meanwhile, up to 63 items remained restricted to foreign investment.

Li stressed that this year the country’s foreign investment has faced negative surge, so it’s something the government should closely monitor. Eliminating barriers to investment and spurring the confidence of both foreign and domestic investors – that’s what the Chinese government is expected to do without delay.    

It takes much time for foreign companies to register. Moreover, the time taken for goods to pass through customs turns to be much slower than it should be according to global standards, as the statesman emphasized.  

Similar

British employees will face new hit to spending power in 2018

UK employees are expected to face another hit to their spending power next year, while the vast majority of their peers in the world's other well-developed economies will enjoy small gains, as human resources company Korn Ferry informed on Tuesday…

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera