Business Standard

China to import $8 trillion of goods in next five years: foreign minister


BEIJING (Reuters) - China will import $8 trillion of goods and attract $600 billion of foreign investment in the next five years, Foreign Minister Wang Yi said on Friday.
China's overseas investment will reach $750 billion in the next five years, the foreign ministry said in a statement on its website, citing Wang at a conference in Vietnam.
Wang said China would widen market access and open up its financial sector.
The practices of unilateralism and protectionism would be a form of regression, and not only would they lead to a dead end, they would damage one's own interests, he said.
(Reporting by Beijing monitoring desk, editing by Larry King)

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First Published: Mar 30 2018 | 7:16 PM IST

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