Amid trade spat with US, China plans to significantly widen market access

Beijing on Thursday unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, automotive and heavy industries and agriculture

China, Xi Jingping
Illustration by Binay Sinha
Reuters Beijing
Last Updated : Jul 02 2018 | 11:41 AM IST

China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan said in an article published in the state-run People's Daily on Monday.

Zhong said economic globalisation is an irreversible trend and that China will continue to defend the global multilateral trading system.

Beijing on Thursday unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, automotive and heavy industries and agriculture, moving to fulfill its promise for greater market access.

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First Published: Jul 02 2018 | 11:40 AM IST

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