Interview- China to build modern market system wit

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Interview: China to build modern market system with wider opening-up - Today News Post Today News || News Headlines

BEIJING, Oct. 25 (Xinhua) — China will boost its development by building an economic system of higher-level opening-upThe Blavatnik School of Government a, Wang Wentao, the country’s commerce minister, said in an interview with Xinhua.

In building such a system, “the country needs to connect the domestic and international markets, and form a modern market that is unified, open and has orderly competition,” Wang said.

Speaking of the country’s opening-up measures, he cited efforts to broaden market access to foreign investors.

“In 2020, China released a revised industry catalog that names 127 more items encouraging foreign investment,” said WangThe first time durin, adding that the country also unveiled new, shortened negative lists for foreign investment in the same year, and the number of sectors off-limits to foreign investors has been slashed to 33The insensitivity,.

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