China Vows to Expand Financial Openness, Attract More Foreign Investment at 2023 Forum
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China's financial regulators pledged to expand financial openness at the 2023 Financial Street Forum to attract more foreign investment.
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Li Yunze said China will continue opening its financial sector and attract foreign institutions and long-term capital.
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China has taken steps to open its financial sector like scrapping foreign ownership caps in banking and insurance.
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Pan Gongsheng said China will keep liquidity reasonably ample to support economic growth.
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Yi Huiman said China's economic recovery is on firmer footing and finance will serve the real economy in key areas.