June 20, 2019 / 4:04 AM / 6 months ago

China's premier tells foreign CEOs China will commit to reform, opening up

Chinese Premier Li Keqiang (C) poses for photographs with representatives of 7th Round-Table Summit of "Global CEO Council" at the Great Hall of the People in Beijing, China on June 20, 2019. Wang Zhao/Pool via REUTERS

BEIJING (Reuters) - China will maintain its long-standing commitment to reform and opening up, Premier Li Keqiang told a group of visiting foreign chief executives on Thursday, adding that restrictions on access will be relaxed in more areas of the economy.

“We welcome more and more foreign investment to come to China,” Li said to a group of 19 business leaders at the Great Hall of the People including CEOs from Honeywell International Inc, Volkswagen AG, Nokia Oyj and Rio Tinto.

“We will also relax (restrictions on) access to even more fields to create a market-oriented, law-based internationalized business environment.”

(This story was refiled to fix grammatical error in headline)

Reporting by Ryan Woo; Editing by Shri Navaratnam

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