Negative List For Foreign Investment To Be Reduced - Minister

China will further reduce its negative list for foreign investment and relax restrictions on investment access for overseas firms as it seeks to improve conditions for foreign direct investment, Wang Wentao, Minister of Commerce said. Speaking at a press conference, he said greater efforts would be made to retain and attract high quality foreign investment. For trade, traditional markets such as the United States, should be stabilised, and firms will be encouraged to travel overseas to promote exports. Boosting domestic consumption will also be key, with policies designed to improve confidence and restore vitality, he said.