Chinese Premier Li Keqiang vowed on Thursday to further open up China's economy during a meeting with CEOs of top global companies amid simmering trade tensions with the United States.CHINESE Premier Li Keqiang vowed on Thursday to further open up China's economy during a meeting with CEOs of top global companies amid simmering trade tensions with the United States.
During the meeting in Beijing with heads of 19 multinational companies, Mr Li pledged to make China more attractive to foreign investors."We welcome more and more foreign investment to come to China," Mr Li told the group representing the Global CEO Council."We will also relax access to even more fields to create a market-oriented, law-based internationalised business environment.
The meeting comes as bruising US tariffs threaten China's status as the"factory of the world", with companies looking to move production outside the country, according to a recent survey by the American Chamber of Commerce in China.