Li says further opening-up of economy to benefit everyone

China will open domestic industries such as services and manufacturing even wider to foreign investors, lower tariffs to increase imports and streamline its negative list for market entry to make it "a market for domestic and foreign firms regardless of their ownership to compete on a level playing field", Premier Li Keqiang vowed on Tuesday.

The premier also urged the United States to treat Sino-US trade relations rationally and relax its restrictions on high-tech exports to China, given that a trade war does not serve the interests of either side.

China still has a lot of potential and space for further economic opening-up, Li said at a news conference right after the conclusion of the first session of 13th National People's Congress.