|
TIANJIN, June 28 (Xinhua) -- China will expand market access for foreign investment to help drive industrial upgrades and economic transition, Chinese Premier Li Keqiang said on Tuesday.
"The participation of foreign firms is needed in China's efforts to push economic transition and upgrading through reform and innovation to realize sustainable healthy growth," Li said during a session with business executives at a meeting of the World Economic Forum in the northern Chinese city of Tianjin.
Foreign technology and managerial expertise will help Chinese firms and the country's industrial upgrading, he said.
The premier promised to further ease market access for foreign investment to build an environment for fair competition. "China has the biggest potential for investment and should become the world's most appealing destination for investment."
Related:
Li Keqiang's speech at Summer Davos opening ceremony -- full text
Xinhua Insight: Chinese premier expresses confidence in economy
TIANJIN, June 27 (Xinhua) -- Premier Li Keqiang denied the possibility of the Chinese economy suffering a hard landing when he addressed the Annual Meeting of the New Champions 2016, or Summer Davos, in Tianjin Monday.
"We can deliver the major economic and social development targets set for 2016," he said at the opening ceremony of the forum for business people and leaders of rapidly emerging economies. Full story
