China’s Xi promises lower tariffs, broader market access

SHANGHAI (Reuters) – Chinese President Xi Jinping on Monday promised to lower import tariffs and continue to broaden market access, at the opening of a week-long trade expo seen as an attempt by Beijing to counter mounting criticism of its trade and business practices.

China would accelerate opening the education, telecommunications and cultural sectors, while protecting foreign companies’ interests, Xi said. China would also enhance punitive enforcement for intellectual property rights infractions, he said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.