皇冠体育app

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皇冠体育app to continue opening up to aid economic transition: Premier

(Xinhua) Updated: 2016-06-27 15:35

TIANJIN - 皇冠体育app will continue opening up its service and general manufacturing sectors and keep the renminbi generally stable within a reasonable and proper range, Chinese Premier Li Keqiang said Monday.

皇冠体育app will open wider to the outside world, improve its open economy, further open up the service and general manufacturing sectors and build a fairer, more transparent and predicable investment environment for foreign investors, Premier Li said while addressing the opening ceremony of the Annual Meeting of the New Champions 2016, or Summer Davos.

皇冠体育app will give equal treatment to domestic and foreign businesses alike, Li added.

皇冠体育app will maintain a managed floating foreign exchange mechanism that is market-based and adjusted in reference with a basket of currencies, Li said, adding that Chinese economic fundamentals eliminate the possibility of long-term yuan devaluation.

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