BEIJING, March 5 (Xinhua) -- China will quicken the pace of implementing the strategy of free trade zones (FTZs) and turn institutional innovation into a strong impetus for the country's development, President Xi Jinping said Thursday.
To speed up the implementation of FTZ strategy is an important part of a new round of reform and opening-up. China should aim for high-standard trade and investment rules, and strengthen its capability for allocating financial resources around the world and better serving the country's economic development, Xi said.
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Xinhua Insight: China to reduce foreign investment restrictions
by Xinhua writers Li Zhihui, Xu Feng, Guo Xinfeng
BEIJING, March 5 (Xinhua) -- China has announced plans to halve the number of industries in which it restricts foreign investment, a move to further open up the market of the world's second-largest economy.
China will improve how it regulates foreign investment and create a "stable, fair, transparent and predictable" business environment, said Premier Li Keqiang while addressing national legislators Thursday morning. Full Story
China Headlines: China lowers growth target, eyes better quality
BEIJING, March 5 (Xinhua) -- China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.
The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points lower than that of 2014, in a government work report delivered by Premier Li Keqiang to the third session of the 12th National People's Congress (NPC). Full Story
