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China to ease curbs on foreign investment in listed firms


China's Ministry of Commerce is set to ease restrictions on foreign investment in mainland listed companies as part of a broader effort to attract international executives and boost trade. The ministry plans to amend regulations, shorten the negative list for foreign investment, and expand access to the service industry. These changes come as the number of foreign firms entering the Chinese market has risen by 35% to 24,000 in the first half of the year, though foreign direct investment dipped by 2.7%. The ministry also aims to stabilize the growth of key manufacturing sectors. Concurrently, with a 13.3% increase in fiscal revenue, JP Morgan predicts a probable easing of nationwide curbs on China's real estate market.

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