Economy > Macro

China's imports to total 8 trillion USD in five years: vice premier

BOAO
2017-03-27 09:57

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China is expected to import goods worth 8 trillion U.S. dollars in the next five years, Chinese Vice Premier Zhang Gaoli said Saturday at the opening ceremony of the Boao Forum for Asia in south China's Hainan Province.

During the period, the country will attract 600 billion dollars of foreign investment, with its outbound investment reaching 750 billion dollars, he said as he highlighted China's commitment to opening-up and easier access for foreign investment.

He added that Chinese tourists will make 700 million overseas visits in coming five years, stressing that China will keep opening its door wider.

The country will further ease access for foreign investment into its service, manufacturing and mining sectors, he said.

Foreign-funded enterprises will be encouraged to list on local bourses and issue bonds in China, the vice premier said, adding that they will be treated equally as domestic market players.

The legitimate rights of investors will be strictly protected, he said.

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