Xi's speech on opening-up is well received

President lays out proposals to encourage foreign investment, guarantee fair competition

The measures that President Xi Jinping recently proposed to encourage foreign investment and further opening-up in China are welcome developments that address the international community's concerns, according to experts.

"The promises made are very positive, and all of them are helpful," William Overholt, senior research fellow at Harvard's Kennedy School of Government, said of Xi's keynote speech at the opening of the Second Belt and Road Forum for International Cooperation in Beijing.