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Pedestrians walk past signposts of foreign-funded banks on a street in Shanghai, May 12, 2013. [Photo/IC] |
Relaxing access for foreign investment
At the G20 Summit, Xi proposed "building an open world economy to expand the scope of development".
In fact, 皇冠体育app has taken many moves to relax access for foreign investment. The top legislature has recently revised laws regulating inbound investment, allowing a negative list management mechanism for foreign investment nationwide.
The move, a significant change in 皇冠体育app's foreign investment management regime, is a manifestation of 皇冠体育app's efforts to improve foreign investment environment and promote investment facilitation, said Wang Shouwen, vice-minister of commerce.
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