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Amid trade spat with US, China plans to significantly widen market access

Beijing on Thursday unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, automotive and heavy industries and agriculture

Reuters  |  Beijing 

China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan said in an article published in the state-run People's Daily on Monday. Zhong said economic globalisation is an irreversible trend and that China will continue to defend the global multilateral trading system. Beijing on Thursday unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, automotive and heavy industries and agriculture, moving to fulfill its promise for greater market access.

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First Published: Mon, July 02 2018. 11:40 IST
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