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China pledges "significant" market opening for foreign investors

Reuters  |  BEIJING 

BEIJING (Reuters) - China will "significantly" widen market access for foreign investors, state radio on Wednesday quoted vice premier Wang Yang as saying, following a recent move to raise foreign ownership limits in local financial firms."China's development in the past has benefited from opening and it's more necessary to expand openness as we take the road of high quality development driven by innovations," Wang told a business forum in the southern city of Guangzhou."We will significantly expand market access and speed up drafting a timetable and roadmap for opening key sectors," he ...

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First Published: Wed, December 06 2017. 16:55 IST