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China To Attract Foreign Investment In Manufacturing, Services

CHINA PRESS
MNI (Singapore)

China is planning a series of new measures to further encourage foreign investment, including reducing access restrictions and launching a new round of pilot measures to expand the opening up of the service industry, China Securities Journal reported. Opening-up measures could be introduced in the medical and telecom sectors, said Xiao Benhua, deputy director of the Free Trade Zone Research Institute of Shanghai Lixin University. The National Development and Reform Commission is also accelerating an updated catalog of industries encouraging foreign investment, with advanced manufacturing, modern service, high-tech, energy conservation and environmental protection to be highlighted, the newspaper said.

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