Service sector will be steadily opened-up
Fujian province will utilize its inherent advantages to strengthen the development of the 21st Century Maritime Silk Road, top local government officials said during the 2014 International Investment Forum, held as part of the ongoing 18th China International Fair for Investment and Trade in Xiamen.
Foreign investments in China exceeded $1.5 trillion by the end of July, and the country will continue relaxing the restrictions on foreign investors, especially in the service industry, Vice-Premier Wang Yang said on Monday.
Stephen Phillips, chief executive of the China-Britain Business Council, told China Daily that he expected continued investment interests in China from British companies across a wide range of sectors.
Education, services good sectors for partnership
Hong Kong remains the preferred location for overseas and mainland companies to house their Asian operations and is the main springboard for mainland enterprises to tap global markets.
A "one plus 16" secretariat for cooperation between China and 16 Central and Eastern European countries will be set up in Warsaw to help Chinese companies to invest in the region, said Slawomir Majman, president of Polish Information and Foreign Investment Agency at the 18th China International Fair for Investment and Trade on Sept 8.
American investments in China have shown signs of slowing while the Chinese government works on reforming the foreign investment management system.
Enhanced development of diversified financial services will play a big role in enhancing trade, investment ties between China and the Association of South East Asian Nations, officials said.
Since Malaysia is the Guest Country of Honor of the 18th China International Fair for Investment and Trade, Tourism Malaysia attaches great importance to the 10th Straits Travel Fair, which is running at the same time, said Li Cuiyu, who is the marketing manager of Tourism Malaysia South China.
Liquor maker Wuliangye Yibin Co Ltd is planning to expand its global presence by selling and promoting more Chinese white spirits in major overseas markets, according to Peng Zhifu, deputy general manager of the Shenzhen-listed company.
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