Wang Yang, chairman of the Chinese People's Political Consultative Conference (left), President Xi Jinping and Premier Li Keqiang during the closing of the Second Session of the 13th National People's Congress at the Great Hall of the People in Beijing. Photo: Bloomberg

China will not ‘discriminate’ between state and private companies, vows Premier Li Keqiang

  • Premier ends National People’s Congress by promising to introduce measures to alleviate burdens felt by the private sector
  • Entrepreneurs often feel treated differently to state-owned enterprises despite the private sector contributing 60 per cent of China’s gross domestic product
Topic |   China economy

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Wang Yang, chairman of the Chinese People's Political Consultative Conference (left), President Xi Jinping and Premier Li Keqiang during the closing of the Second Session of the 13th National People's Congress at the Great Hall of the People in Beijing. Photo: Bloomberg
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China’s new foreign investment law was approved during the National People’s Congress. Photo: Xinhua

China approves new foreign investment law designed to level domestic playing field for overseas investors

  • Attempt by Beijing to address key issues raised by US President Donald Trump as part of the US-China trade war including forced technology transfer and market access
  • Draft had received a lukewarm reception, but was approved by the vast majority of the National People’s Congress lawmakers on Friday in Beijing
Topic |   Two Sessions 2019 (Lianghui)

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China’s new foreign investment law was approved during the National People’s Congress. Photo: Xinhua
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