China aims to be the driver of the global economic recovery this year by opening its markets to foreign investors and encouraging strong growth. Reuters writes this, citing a senior Chinese official.
According to Zhao Leji, Chairman of the Standing Committee of the National People’s Congress, China will make technological innovation the new point of economic growth and is ready to cooperate with other countries in this field.
Zhao noted that imports and exports of goods from China are expected to exceed $32 trillion in the next five years. Latest economic indicators showed the world’s second-largest economy has made a strong start to the year, prompting policymakers to try to support growth despite weakness in the real estate sector and rising local government debt.
“We promise that markets will be more open to foreign investors with the further reduction of the ‘negative list’ of sectors that foreign companies are prohibited or restricted from investing in without special permission,” Zhao said. said.
Many foreign businesses have sought to diversify their supply chains and operations by moving away from China. The newspaper wrote that foreign direct investment fell by almost 20% in the first two months of the year, according to data published last week.
Yesterday Chinese President Xi Jinping meets with US company executives.
Previously Russia for the first time came It is among China’s top 4 trading partners.
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Source: Gazeta
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