China to further open local market for foreign businesses

CHINA will further open up its vast domestic market for foreign businesses through a slew of measures, including removing all restrictions on foreign investments in the manufacturing industry and expanding access to sectors such as health care and telecommunications, officials from two Chinese ministries said on Monday.

Amid China's continuous efforts to expand market access and improve the environment for foreign businesses, coupled with the country's steady economic recovery, foreign businesses' confidence in the Chinese market continues to improve, as has been shown by their expanded investment in the country.