Free Trial

Local governments are likely to be......>

CHINA PRESS
MNI (London)
CHINA PRESS: Local governments are likely to be given greater freedom in
formulating policies to promote foreign investment, albeit within statutory
limits, according to the latest draft foreign investment law which is currently
under review by the Standing Committee of the National People's Congress(NPC),
The Beijing News reported Wednesday. Pushing policies aimed at stimulating
investment is not enough, the newspaper said citing Du Liming, member of the NPC
Standing Committee, and local authorities should also be given the right to
simplify the administrative process to facilitate greater investment.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.