China’s Commerce Ministry has reiterated its intent to widen market access “significantly”, and will oppose protectionism in a thinly-veiled stab at the US and their current stance on trade negotiations.
The National Development and Reform Commission of the People’s Republic of China (NDRC) has announced a reduction in foreign investment limitations across the banking, automotive, heavy industries, and agriculture sectors. Further China agencies began opening up market access over the weekend across 22 sectors, with special focus on finance, transportation, commerce and trade, manufacturing, energies, and agriculture.
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