China weighs ending some restrictions on foreign stakes – vice commerce minister
China’s vice commerce minister said on Sunday (March 25) China would further open up its finance, telecom, medical and education sectors and consider completely lifting restrictions on foreign shareholdings in some areas.
Wang Shouwen, speaking at the China Development Forum in Beijing, also said China would announce a timetable for the opening up of its finance, electric vehicle and petrol station sectors.
When asked about the trade dispute between China and U.S., Wang said that China does not want trade war with any other countries.
He hopes two countries can solve difference through dialogue under the WTO framework.