China: Further widen market access for foreign investment will drive opening-up to a higher level

China’s commitment to further widen market access for foreign investment and optimize the business environment for foreign companies will drive its opening-up to a higher level, according to an article from China Daily.

Their comments came after President Xi Jinping announced a series of major reform and opening-up measures at the Second Belt and Road Forum for International Cooperation, which ended on Saturday.

Xi said China will continue to shorten the negative list, promote the opening-up of services, manufacturing and agriculture sectors on all fronts and allow foreign investors to operate wholly owned businesses in more sectors. A negative list shows areas where investment is prohibited; all other areas are presumed to be open.

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