LINE

Text:AAAPrint
Economy

Threshold lowered for FDI in capital market

1
2017-01-23 10:07Global Times Editor: Li Yan ECNS App Download

Measures to attract foreign direct investment (FDI) will not only allow more foreign capital into China's banking, financial and securities institutions but also support foreign companies in China to enter the domestic capital market, Ning Jizhe, vice chairman of the National Development and Reform Commission, was quoted as saying in media reports on Sunday.

The State Council last Tuesday unveiled measures to strengthen opening-up, create a fair competitive environment and continue to attract FDI.

The NBS attaches importance to lower the threshold for FDI entry into financial institutions including banks, securities firms and futures firms as well as audit services, architectural design and valuation services.

At the World Economic Forum in Davos, Switzerland on Tuesday last week, President Xi Jinping reiterated that China will develop a "relaxed and orderly" investment environment for foreign capital.

FDI inflows to China reached $118.32 billion in 2016, up 4.1 percent year-on-year, the Ministry of Commerce noted in early January.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.