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CHINA PRESS
CHINA PRESS: China will remove restrictions on foreign investment in 22 sectors,
especially in the service sector, infrastructure and automobile manufacturing,
starting from July 28, 2018, according to a joint statement of ministry of
commerce (MOFCOM) and National Development and Reform Commission (NDRC),
reported by Shanghai Securities. All restrictions on foreign equity limits in
the financial sector will be removed by 2021, noted the newspaper. China will
also widen market access to agricultural products and energy resources. These
major opening-up measures will attract more foreign investment, promote
competition and inject vitality to the market, said an anonymous manager of
NDRC, according to the newspaper.

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