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Beijing to relax market access in push for foreign investment



Chinese Premier Li Qiang revealed plans for new regulations to address market access and cross-border data flows, aiming to bolster foreign investment in China. Highlighting China’s initiative to ease rules on foreign investment and data exports after a nearly 20% drop in early-year inflows, Li advocated for growth in emerging sectors like biological manufacturing and AI. Amid economic challenges, including a property crisis and cooling foreign investment, China seeks to reassure global CEOs and investors of its commitment to an open economy. Li’s announcement comes alongside efforts to stabilise the economy through measures like the issuance of ultra-long treasury bonds and creating a more level playing field for foreign companies in sectors like manufacturing, telecommunications, and healthcare.

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