Global businesses eye expansion in China

CHINESE officials on Monday vowed to thoroughly implement newly issued measures to boost foreign investment in China, and expand market access for foreign investors in several key areas, including relaxing restrictions on foreign investment in listed companies.

The remarks and concrete measures further underscore China's unwavering commitment to high-level opening-up and attracting more foreign businesses to develop in the vast Chinese market, even as the US and some of its allies move to ban normal investments into China under the guise of national security, Chinese experts noted.