男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / 2019 Summer Davos

Li unveils moves to broaden market access

By Xu Wei in?Dalian, Liaoning | China Daily | Updated: 2019-07-03 07:04
Share
Share - WeChat
Chinese Premier Li Keqiang addresses the opening ceremony of the Annual Meeting of the New Champions 2019, also known as the Summer Davos Forum, in the city of Dalian, Northeast China's Liaoning province, July 2, 2019. [Photo/Xinhua]

Premier Li Keqiang reaffirmed China's commitment to expand opening-up to foreign investment on Tuesday as he announced a string of measures to broaden market access, including measures to scrap limits for financial companies one year earlier than planned.

"China will become increasingly open, transparent and predictable to foreign investment, and its overall trade investment will be better and better," Li said.

He spoke at the opening ceremony of the World Economic Forum's three-day Annual Meeting of the New Champions 2019, also known as Summer Davos, taking place in Dalian, Liaoning province, through Wednesday.

China will allow full foreign ownership of securities firms, futures businesses and life insurance companies by 2020-a year earlier than was scheduled, the premier said.

The country will also broaden market access for foreign investment in sectors such as value-added telecommunications services and transportation, he added.

Li also pledged support for foreign investment in electronics, equipment manufacturing, pharmaceuticals and new materials, and its movement to middle and western regions, with favorable conditions to be offered for equipment imports, corporate taxes and land supplies.

Foreign institutions will be offered treatment equal to that of domestic companies in credit references, credit ratings and payments, and two-way opening-up in the securities market will be expanded, he said.

Li vowed that China would take the initiative to further reduce the overall level of tariffs and reduce nontariff barriers as part of efforts to expand imports in goods and services.

"In this process, we will maintain the exchange rate of the yuan at a reasonable and balanced level," he said, adding that the country will not resort to competitive devaluation of its currency.

He ruled out the possibility of adopting a deluge of strong stimulus policies, saying that the government will prioritize fostering a business environment in line with market principles, the rule of law and international standards.

The government will come up with regulations that are in line with the foreign investment laws, which will come into force next year, he said.

Li also defended the rules-based multilateral trade system with the World Trade Organization at its core, which he called the cornerstone for economic globalization and free trade. He said its authority and effectiveness must be respected and safeguarded.

China supports necessary reform to the WTO, but the basic rules of free trade, which promote opening-up and growth, cannot waver, he said.

The premier assured business leaders that the country will adopt stronger measures to protect intellectual property rights, with a system of punitive compensation for IP infringements set to be enforced.

Li conceded that the Chinese economy is faced with fresh downward pressure, with increasing uncertainty and unstable factors from outside and sluggish domestic investment.

However, he expressed confidence in the economy's growth potential and underscored the importance of good interaction between economic growth and improvement in living standards so that the potential of domestic consumption can be unleashed.

"China has more than 100 million market entities and about 1.4 billion people. There is a huge market behind the improvement in public livelihood and the upgrading of consumption," he said.

Summer Davos 2019 in Dalian has attracted more than 1,800 delegates from over 100 countries, representing government, business, civil society, academia and the arts.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 怀来县| 昔阳县| 宜宾县| 渝北区| 上犹县| 綦江县| 清流县| 武安市| 西城区| 延边| 巴塘县| 沙田区| 肥乡县| 克拉玛依市| 乌拉特前旗| 鹤壁市| 八宿县| 阿克苏市| 正定县| 阿荣旗| 招远市| 星子县| 启东市| 北票市| 沙田区| 灵宝市| 慈溪市| 阿拉善右旗| 屯留县| 甘孜| 个旧市| 汶川县| 平度市| 通化县| 阿瓦提县| 高安市| 赤水市| 昌乐县| 九龙县| 固安县| 潼南县|