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MNI (Beijing)
     BEIJING (MNI) - China will further open up its markets and improve rights
protection for private and foreign companies despite trade conflicts, Han
Wenxiu, a deputy director of the Office of the Central Commission for Financial
and Economic Affairs, said at a conference Friday following the conclusion of
the Fourth Plenary Session of the 19th Central Committee of the Communist Party
of China yesterday. 
     Here are the key takeaways from economy-related comments by Han, who sat
with five other officials in charge of separate portfolios:
     - China will positively boost the development of the Belt & Road Initiative
and diversify external markets to manage a changing global environment, said Han
when asked about the difficult China-U.S relationship.
     - China will continue to open up its markets, relax access restrictions,
facilitate foreign investment and enhance the role of pilot free trade zones and
free ports
     - China will enforce the Foreign Investment Law effectively to promote fair
competition among Chinese and foreign companies and enhance protection of
intellectual property and commercial secrets.
     - China will deepen the reform of state-own companies, mainly in sectors
crucial to national security and economic lifelines. Regulators will strengthen
the scrutiny over fair competition among SOEs, private and foreign companies.
     - China will expand the middle class by improve income redistribution.
--MNI Beijing Bureau; +86 (10) 8532 5998; email:
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