CHINA-ECONOMY: VALUE OF IMPORTED GOODS AND SERVICES IN NEXT 15 YEARS

Xinhua reported on November 5, that Chinese President Xi Jinping said on November 5  in his keynote speech at the opening ceremony of the first China International Import Expo in Shanghai, that China's imported goods and services are estimated to exceed 30 trillion US dollars and 10 trillion US dollars, respectively, in the next 15 years. He said measures announced in April to relax market access have been so far implemented. China has further simplified negative list of foreign investment, reduced investment limits and lifted the level of free investment. Xi Jinping stressed that  China is taking solid steps to expand financial opening-up, continue to advance opening-up in the service sector, deepen opening-up in agriculture, mining, manufacturing, and accelerate the opening-up process of sectors including telecommunications, education, medical treatment and culture.






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