China welcomes foreign-invested firms to expand mutually beneficial cooperation

By AJP Posted : November 14, 2024, 09:56 Updated : November 14, 2024, 09:57
Chinese Vice Premier He Lifeng (right) shakes hands with CEO of Invesco Andrew Schlossberg at the Great Hall of the People in Beijing, China on Nov. 12, 2024. Xinhua-Yonhap
SEOUL, November 14 (AJP) - China is enhancing its openness in the financial sector and welcomes foreign-invested firms to strengthen mutually beneficial cooperation, Vice Premier He Lifeng said on Tuesday in Beijing.

While meeting with Invesco's CEO Andrew Schlossberg, he highlighted China's progress in capital market reforms. He said the country is steadily expanding its financial sector's institutional openness and aims to provide high-quality financial services to support economic and social growth.

He encouraged businesses from around the world to increase investment cooperation with China for shared benefits.

Schlossberg, noting his optimism about China's financial market, said that Invesco intends to use China's continued reform as an opportunity to further expand its collaboration with the country.

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