Li pledges improved climate for businesses

Premier Li Keqiang has pledged to make doing business in China more inviting by facilitating overseas investment and widening market access to the world's second-largest economy.

Li spoke on Wednesday when meeting a group of multinational corporate leaders - including the CEOs of Goldman Sachs, Schneider Electric and Phillips Corp - attending the fifth Global CEO Council roundtable summit in Beijing.

He said China, with its huge market potential, wealth of talent and growing industrial strength, will not only benefit multinational companies' investments but also create opportunities for joint exploration of third-party markets and multilateral cooperation.