China Uses Electrification to Pitch for Foreign Investment in 2023


China will continue to widen opening-up and guide foreign companies to invest in key areas such as advanced manufacturing, modern services and energy conservation in its market in 2023, the Ministry of Commerce said on Friday.

The government will make appropriate reductions to the negative list for foreign investment and expand opening-up of the modern services industry next year, said Shu Jueting, spokeswoman for the ministry.

The official said that China will actively seek to join high-standard economic and trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership Agreement, assiduously follow relevant rules, regulations, management and standards, as well as steadily expand institutional opening-up.

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