Balanced flows draw step closer

Nation's ODI will soon move ahead of FDI, ministry says

China is moving nearer to a long-pursued goal of achieving balanced capital flows, with a commerce official saying its outbound direct investment will soon surpass foreign direct investment to the country.

Meanwhile, the government is looking at the timing for scrapping limits on foreign investment and opening up more sectors following comprehensive reform plans outlined at a high-level economic meeting late last year.