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China seeks to attract more foreign investment, ease curbs

China Materials 7 November 2019 13:41 (UTC +04:00)
China’s cabinet issued guidelines on Thursday aimed at attracting more foreign investors, including plans to encourage investment in its hi-tech industries
China seeks to attract more foreign investment, ease curbs

China’s cabinet issued guidelines on Thursday aimed at attracting more foreign investors, including plans to encourage investment in its hi-tech industries, Trend with reference to Reuters reports.

China will step up opening-up in areas including financial and auto sectors, and would “neither explicitly nor implicitly” force foreign investors and companies to transfer technologies, the state council said in a statement on its website.

The measures were unveiled in a news briefing last week announced by China’s vice commerce minister.

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