China prepared to open up even more, Li vows

China is ready to further open up and create a globally competitive business environment, nurturing a level playing field for both domestic and foreign businesses, Premier Li Keqiang told a group of business representatives and government leaders on Tuesday.

"China will further expand market access in the service and manufacturing sectors, relax restrictions on foreign ownership, and treat domestic and foreign companies on an equal basis," Li said, addressing the opening ceremony of the Annual Meeting of the New Champions 2017, also known as Summer Davos, in Dalian.

The Chinese economy, with its steady, long-term growth and increasing inclusiveness, will generate more opportunities for other countries, and China will remain the most attractive destination for investment, Li said.