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China to import $8 trn of goods in next 5 years: Foreign minister

Wang said China would widen market access and open up its financial sector

Wang Yi

Wang Yi

Reuters Beijing

China will import $8 trillion of goods and attract $600 billion of foreign investment in the next five years, Foreign Minister Wang Yi said on Friday.

China's overseas investment will reach $750 billion in the next five years, the foreign ministry said in a statement on its website, citing Wang at a conference in Vietnam.

Wang said China would widen market access and open up its financial sector.

The practices of unilateralism and protectionism would be a form of regression, and not only would they lead to a dead end, they would damage one's own interests, he said.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 30 2018 | 7:01 PM IST

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