Telecoms to further efforts in opening-up
By Ma Si | China Daily | Updated: 2019-01-15 07:39
Wider access for overseas capital key to investment boost in the sector, say experts
China will step up its efforts this year to expand overseas companies' access to the country's telecom and internet market, with more businesses open to overseas capital, amid the ongoing push to further drive forward opening-up, analysts said.
The comments came after official data showed that 121 overseas companies have been approved to engage in businesses including running data centers, telecoms and information processing services in China by the end of 2018, marking year-on-year growth of 39 percent.
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