China to open more sectors to foreign investors

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BEIJING (Reuters) – China will further open its economy to foreign investors, through measures such as allowing investment in more industries, such as services, state television said on Tuesday, citing a reform group meeting chaired by President Xi Jinping.

China will also step up regulation of overseas business operations of Chinese companies and will set up a system to track individual income and property information, the group said.

Topic: new regulations for foreign investors in China

(Reporting by Beijing Monitoring Desk; Writing by Elias Glenn; Editing by Clarence Fernandez)

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