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China pledges to open economy, level playing field for foreign companies

2018-03-26 10:10:18       source:Straits Times

March 25, 2018


BEIJING — China’s Executive Vice-Premier Han Zheng has pledged further opening up of the Chinese economy as a trade war with the United States looms, vowing to level the playing field for foreign firms.


Mr Han, who was speaking at the annual China Development Forum on Sunday (March 25), pointed out that as China transitions from high speed to high quality growth, “opening up means prosperity while staying closed leads to decline”.


Mr Han said this opening up will involve bringing in foreign investments into China as well as Chinese firms going out to the world.


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http://www.straitstimes.com/asia/east-asia/china-to-deepen-supply-side-reforms-says-head-of-state-planner