Photo taken on March 13, 2018 shows the headquarters of the People’s Bank of China. Photo: Xinhua
No matter how the international situation changes, the most important thing for China is to do its own thing and unswervingly deepen the reform of the financial industry and open up to the outside world, Yi Gang, governor of the People’s Bank of China said on Sunday.
Yi said priority tasks include implementing the first phase China-US economic and trade agreement, and carry out financial reforms and opening-up measures announced in recent years, such as the removal of foreign equity restrictions in the fields of securities, fund management, futures, personal insurance, and investment quota restrictions for qualified foreign investors.
China will also approve American Express, MasterCard, Fitch and other institutions to enter the Chinese market, said Yi.
China will continue to promote the full implementation of the pre-entry national treatment plus negative list