Relax overseas investment rules and help China: experts

WENZHOU, Zhejiang - Experts have suggested that the government should remove restrictions on private-sector businesses and individuals making direct overseas investments, pointing out that it could benefit the domestic economy.

The pundits and investment consultants talked about the idea during the 2011 China Private Capital Summit (Wenzhou), which concluded on Saturday.

"The highest level of investment management is to make global resources, including technology and capital, available for our own use," said Feng Pengcheng, the director of the International Investment Research Laboratory, University of International Business and Economics.