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Business leaders laud more market access for foreign investment

China Daily | Updated: 2019-07-03 09:55
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The themed parterre for the 2019 World Economic Forum's Annual Meeting of the New Champions in Dalian, Northeast China's Liaoning province, on June 25, 2019. [Photo/IC]
Jeffrey Wong, head of advisory, KPMG China. [Photo/China Daily]

Jeffrey Wong, head of advisory, KPMG China

China's further opening up is providing win-win benefits. Further opening up will help improve the efficiency of capital allocation and can reduce financial risks in China's economy, and ultimately help build a more stable and sustainable economic and financial system. In a broader context, China's long-term growth will also benefit other nations, particularly with regard to overseas investors who seek to achieve long-term returns and manage short-term risks.

As the real economy and financial sector further open up, related structural reforms and ongoing technological innovation will continue to drive productivity toward higher quality, and long-term economic growth. These measures will promote the development of China and the world economy, so that China will continue to be the growth engine of the global economy and provide a significant market for the development of the world economy.

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