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accelerate the process to fully lower the market access threshold for foreign investments in
banking, securities and insurance, the premier said. Service sectors, including medical care and educ
ation, will be opened up along with transportation, infrastructure and energy, he said.
Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati
ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.
Also, preferential policies for investments from Hong Kong, Macao and Taiwan w
ill remain unchanged, and greater development opportunities will be offered for them, Li said.
Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl
ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.
“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.
Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said
Li’s speech reflects the determination to create a more open, fair and transpare
Cooperation at the ministry’s Office for International Military Cooperation, said that comp
ared with other branches of the military, the PLA Navy plays a relatively larger role in protecting China’s overseas inter
ests and maintaining security in key sea lanes such as the Gulf of Aden and waters off Somalia.
“The PLA Navy is at the forefront of proving that the Chinese milita
ry is an open, cooperative and competent force for peace,” he said, adding that the PLA Navy has f
requently participated in humanitarian rescue missions, naval escorts, joint exercises and exchanges in past years.
“Through these non-war military operations, the Chinese Navy has also improved its capability and operability in dis
tant waters,” Zhou said. “Many security issues around the world require global efforts, and as its capability impr
oves, the PLA Navy can play a bigger part and contribute more to global maritime security.”
came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.
In a world of unprecedented transformations, Xi noted that a stable, strategic and reciprocal China-EU relationship is urgently needed.
Wang said during his visit, Xi had in-depth communication with the European leaders to discuss cooperation in internation
al issues and reached important consensus of adhering to multilateralism, and discarding isolationism and unilateral moves.
He also said Xi and the European leaders agreed to enhance coordination and cooperation wit
hin the UN system, give full play to the constructive role of global and regional multilateral mechanisms s
uch as the World Trade Organization, the International Monetary Fund, the World Bank, and Group of 20 and the EU, and
actively contribute to solving international conflicts, combating climate change and promoting sustainable development.
In his keynote speech at the global governance forum, Xi raised “four deficits” in global affairs including governance deficit, tru
st deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reas
onableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.
in their favor. Hundreds of thousands of people marched through London on Saturday calling for a new referendum on whether to leave the EU or remain.
But with the deadline for a Brexit decision less than three weeks away, British poli
ticians remain divided, and increasingly despairing about the country’s political gridlock.
“Brexit is like the Death Star of politics,” Conservative legislator George Freeman said. “I always fea
red it would be like this. It’s destroying and soaking up all the prime minister’s room for maneuver and political goodwill.
“I’ve never known this country so divided, so angry and in such a dangerous state,” he said.
France is willing to support the China-proposed Belt and Road Initiative, with the best way forward
being to work together on a project-by-project basis, former French prime minister Jean-Pierre Raffarin told China Daily.
In an exclusive interview ahead of the state visit of President Xi Jinping to France
on Monday and Tuesday, Raffarin said it is in France’s national interest to be part of the BRI.
“We also want our companies to propose projects which are good for the BRI, but also go
od for our enterprises,” said Raffarin, who served as prime minister from 2002 to 2005.
such an attitude. Any nation with very strong and rapid growth is always in a very difficu
lt position in public opinion because we are afraid about the strength of others,” he said.
“For example, we were afraid of cultural pressure from the United States in the 1960s, and 20 ye
ars later, we had the same feelings against Japan with its technological projects. Now, China is bac
k around the table of big nations. I think we have to accept that and not be afraid, but to discuss.”
Raffarin said the two countries are expected to close contracts and announce new projects. He also
said the dialogue between France and China could be very useful in forming a new vision for multilateralism in a changing world.
In addition to strong existing collaboration between France and China, including in the automotive, aviation and healthcare sectors, Raffarin said the most
important thing for the future of Sino-French relations is to identify third-country projects, such as the Hinkley Point C nu
clear power plant in the United Kingdom, which is jointly financed by China and France, as well as opportunities in Africa.