Stock market quotes, forex, financial news, forex tools –

From now on the production of China is open to foreign investors

 Breaking News
  • US Ministry of Energy predicts reduction of oil prices The US Ministry of Energy has published a monthly report, which turned out to be discouraging. It is expected that in the last quarter of this year the price for...
  • 28 Chinese companies are blacklisted by the US Everyone knows that just in few days two powerful states China and the USA – are starting the next round of the negotiations. Official Beijing has announced that it is...
  • Startup WeWork again in spotlight We have been writing about the startup WeWork, which was forced to postpone the initial public offering. They earn by renting commercial space for a long time in order to...
  • Massive cuts in HSBC HSBC Holdings Plc, the largest bank in Europe and one of the most significant and serious players in the global financial market, has announced the launch of a cost-optimization program....
  • Oil quotes still wait for negotiations Today, at 8.15 a.m. Moscow time, futures for Brent crude oil were trading in London for $ 58.31 per barrel. This is only 0.1% below the closing price of the...
From now on the production of China is open to foreign investors
March 05
09:00 2018

Monday morning has pleased the world community with amazing news. The fact is that the session of the National People’s Congress has been opened today. And at the session, Li Keqiang, Premier of the State Council of the People’s Republic of China, has reported on how the government work.

Li Keqiang said that in the current year, the total production sector would be fully open to foreign companies. He also noted that such traditionally closed industries for non-Chinese business as medicine, education and telecommunications would also be available to foreign entrepreneurs, albeit at a reduced level.

The Premier stated that one of the vectors of economic development for the current year was the increased participation of foreign capital in the banking sphere, in the sphere of fund management. To achieve this goal, it is planned to review the tax policy in relation to foreign enterprises, as well as to simplify the registration of companies with foreign capital.


The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

Related Articles


No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment