investment environment: China will enhance the rule of law, improve its investment environment, unleash consumption potential, further open up its economy and work to proactively attract foreign investment, the statement said, according to Global Times China. The meeting was presided over by President Xi Jinping also general secretary of the CPC Central Committee. The country should push forward reforms in key sectors, including state-owned enterprises, fiscal policy, finance and social security, according to a statement released after a meeting of the Political Bureau of the CPC Central Committee. China economic growth remained within a reasonable range this year, with better quality and higher efficiency, the statement said. In 2017, the country will continue its efforts to stabilize economic growth, promote reform, adjust structure, improve people livelihoods and guard against risks. But it warned that the economy faces various challenges, including the contradiction between industrial overcapacity and structural upgrades in demand, financial risks in certain areas and economic difficulty in some regions.
(news.financializer.com). As
reported in the news.
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