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The US-China Commercial Relationship

China pledges wider market access, especially for financial sector

Mar 02 , 2018

China’s foreign minister said on Friday that the world’s second largest economy would look to open up wider access to its markets this year, amid growing trade tensions with the United States and foreign firms bemoaning unfair treatment.

 Wang Yi, China’s minister of foreign affairs, wrote in an editorial in the state-run China Daily newspaper that the country would loosen restrictions on trade and investment, and integrate more closely with global standards.

“We will get more in line with international economic and trade rules, significantly widen market access, open the services sector, especially the financial sector, wider, and create a more appealing investment environment,” he wrote.
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