Li Keqiang: China is pursuing a new round of high-quality opening-up

2017-09-12 09:30:53 GMT2017-09-12 17:30:53(Beijing Time) Xinhua English

BEIJING, Sept. 12 (Xinhua) -- On September 12, Premier Li Keqiang hosted the "1+6" Roundtable with heads of major international economic institutions in Beijing.

Premier Li noted that given China's deep integration into the world economy, it cannot achieve economic transformation and upgrading without mutually beneficial cooperation with other countries. Despite continuous decline in global trade, China has stayed away from competitive currency devaluation to boost exports and instead took the voluntary initiative to increase imports. It has further broadened market access for foreign investment through repeatedly revising its foreign investment catalogue, which brought down the number of restrictive items by 65% from 2012. It has set up 11 pilot free trade zones to explore a foreign investment management system based on pre-establishment national treatment plus a negative list, with the aim of cultivating a more open, enabling and rules-based business environment. China remains a most favored destination for foreign investment.

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