Month: March 2019 (page 1 of 8)
accelerate the process to fully lower the market access threshold for foreign investments in
banking, securities and insurance, the premier said. Service sectors, including medical care and educ
ation, will be opened up along with transportation, infrastructure and energy, he said.
Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati
ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.
Also, preferential policies for investments from Hong Kong, Macao and Taiwan w
ill remain unchanged, and greater development opportunities will be offered for them, Li said.
Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl
ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.
“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.
Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said
Li’s speech reflects the determination to create a more open, fair and transpare
levated China’s ties with Italy, Monaco and France to a new level, and injected new impetus into China-Europe compreh
ensive strategic partnership, Chinese State Councilor and Foreign Minister Wang Yi has said.
When the world is undergoing profound changes unseen in a century, Xi’s Europe tour, hailed b
y the international community, is dedicated to deepening partnership for cooperation, improving global governance, and uphol
ding multilateralism, which shows China’s sense of responsibility as a major country, Wang said.
In six days, the Chinese president attended over 40 events during his visit to five cities including Rome, Palermo, Monaco, Nice a
nd Paris, Wang noted, adding that it is a trip of friendship, cooperation and exploration that has delivered fruitful results.
This year marks the 15th anniversary of the China-Italy comprehensive strategic
partnership, and next year will witness the 50th anniversary of China-Italy diplomatic relations.
At meetings with Italian President Sergio Mattarella and Prime Minister Giuseppe Conte, Xi agreed with them to further i
ntensify high-level exchanges, consolidate political mutual trust, and elevate bilateral relations, Wang said.
development in China, and the EU welcomes China’s willingness to share its development opportunities.
Chinese enterprises are welcome to invest in European countries, said the European leaders, adding that they will not adopt restrictive measures against specific com
panies, and are willing to provide a fair, open and transparent business environment for all foreign enterprises.
During the visit, Peng Liyuan, Xi’s wife, also attended a number of events aimed at deepeni
ng cultural and educational exchanges between China and the European nations.
As a special envoy of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the advanceme
nt of girls’ and women’s education, Peng was invited to visit the headquarters of the UNESCO in Paris.
Wang said Peng’s visit highlighted China’s image of a hardworking, responsible maj
or country that actively participates in international education, gender equality and other affairs.
back the motion. Richard Harrington, who resigned as a junior business minister, accused the government of “playing roulette with the lives and liveli
hoods of the vast majority of people in this country” by failing to resolve Britain’s Brexit impasse.
The government said it was disappointed by the vote, claiming it “upends the balance
between our democratic institutions and sets a dangerous, unpredictable precedent for the future.”
But it also conceded that the new votes might be a way to break the months-long Brexit gridlock. May said she would “engage
constructively” with the results of the process, though sahe said she was skeptical that it would produce a decisive result.
The move raises the chances that Britain will tack toward a softer Brexit, and is likely to be welcomed by th
e EU. Guy Verhofstadt, the European Parliament’s Brexit coordinator, tweet that it was an “opportunity to build a cross-party coope
ration leading to an enhanced political declaration & a closer future relationship!”Earlier in the day, May ack
nowledged, “with great regret,” that her deal still lacked “sufficient support” to be approved as of Monday.