Posted 3/3/2024, 4:15:00 PM
China Set for More Reforms, Foreign Investment as Economy Shifts Toward Services
- China expected to announce more reform, opening-up measures during annual legislative sessions
- China has potential to grow 8% annually in coming decades due to sound long-term fundamentals
- China seen as remaining a key global growth engine, providing opportunities for foreign investors
- Latest data shows China's non-manufacturing expanding faster than manufacturing
- Multinational companies reiterate confidence in China's economy and development prospects
