China to relax foreign investment rules amid further opening up
1 2021-05-27 08:15:56Xinhua
Editor : Li Yan
ECNS App Download Aerial photo taken on April 19, 2017 shows the pilot free trade zone in Wuhan City, capital of central China s Hubei Province. (Xinhua/Xiong Qi)
China will relax rules for foreign investment, increasing its market appeal to global investors and signaling its determination to deepen opening up.
The country s Ministry of Commerce (MOC) has made public its plan for formulating regulations and laws in 2021, putting on agenda the revision of the guideline on foreign strategic investment in Chinese listed firms.
The revision seeks to ease restrictions on foreign strategic investment, and introduce innovative supervision approaches for the sector, the MOC said in a recent online statement.
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Mar 14, 2021, 16:43
Medical workers of Wuhan Leishenshan Hospital pose for photo at Wuhan University in Wuhan, central China s Hubei Province, March 13, 2021. Wuhan University, one of the best places in the city to feast the eyes of cherry blossom admirers, announced it would offer free exclusive tours and performances for medical workers across China who had assisted Wuhan with the fight against the epidemic in 2020 and their relatives from Saturday to Sunday. (Xinhua/Xiong Qi) 3 1111
A message from Wuhan residents to countries that scrutinized the city s lockdown, one year on
Chen Qingqing co-leads the Global Times China desk. She covers diplomacy, Hong Kong affairs and Chinese tech firms.
Chen Qingqing in Beijing, Yang Cheng in Wuhan Published: Jan 22, 2021 08:29 PM Updated: Jan 22, 2021 10:03 PM
Editor s note:
A year ago, Wuhan, where the coronavirus was first reported in China, made a decision that has little parallel in modern society: to lock down the city of 11 million. During the 76-day lockdown, the city struggled to save lives and contain the virus, while maintaining the daily lives of ordinary people, a strategy that Chinese top epidemiologists said to suffocate the virus within Wuhan. The city was therefore dubbed a heroic city, whose sacrifice paved the way for the quick recovery of the country. When the city returned to bustling normal life in April, and Western countries, one by one, faced a more severe onslaught of the coronavirus, many W
SOURCE / ECONOMY By Global Times Published: Jan 19, 2021 08:03 PM
Tourists pose for photos at the Happy Valley Wuhan theme park in Wuhan, central China s Hubei Province, Jan. 1, 2021. People came to have fun and enjoy the view at the Happy Valley in Wuhan to greet the New Year on Friday. (Xinhua/Xiong Qi)
The economy of the coronavirus-stricken Central China s Hubei Province contracted 5 percent last year to 4.34 trillion yuan ($669.45 billion), but all major indicators have been recovering at a faster pace and consumption returned to growth in December.
The rate of economic decline narrowed greatly from the first-quarter figure of 39.2 percent plunge, when the provincial capital Wuhan experienced a stringent 76-day lockdown.