Capital hurdles removed as race for investment hits fast track

Private and foreign enterprises to be treated equally under enhanced commercial environment

The business environment will be boosted by lowering the market-access threshold for private and foreign capital, and reducing the burdens on enterprises facing challenges arising from the changing external situation.

A State Council executive meeting, presided over by Premier Li Keqiang on Oct 22, approved five measures and urged the full carrying out of all favorable policies to ease difficulties for enterprises and increase their confidence and competitiveness, a statement released after the meeting said.