China has reduced the number of industrial sectors restricted from foreign investment, as it sweetens its appeal to foreign businesses ahead of a looming trade war.
The list was released two days earlier than expected, and follows an indication from US president Donald Trump this week that he will back off plans to restrict Chinese investment in the US.
The top planning body, the National Reform and Development Commission, eased or scrapped foreign ownership limits on sectors including commercial banks, shipbuilding and airplane manufacture, power grids and some agricultural crop breeding.
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