A worker on an assembly line at a Ford plant in Chongqing. Vice-Premier Wang Yang says China needs to shift investment focus to the service sectors, the central and western regions and to high value-added sectors. Photo: Reuters A worker on an assembly line at a Ford plant in Chongqing. Vice-Premier Wang Yang says China needs to shift investment focus to the service sectors, the central and western regions and to high value-added sectors. Photo: Reuters
A worker on an assembly line at a Ford plant in Chongqing. Vice-Premier Wang Yang says China needs to shift investment focus to the service sectors, the central and western regions and to high value-added sectors. Photo: Reuters
China economy
China

Beijing cuts red tape for foreign firms as it vies for investors

Regulation from 1995 requiring companies to set up representative offices in China scrapped, as vice-premier warns of new challenges ahead

Topic |   China economy
Frank Tang
Frank Tang

Updated: 6:01pm, 27 Sep, 2017

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A worker on an assembly line at a Ford plant in Chongqing. Vice-Premier Wang Yang says China needs to shift investment focus to the service sectors, the central and western regions and to high value-added sectors. Photo: Reuters A worker on an assembly line at a Ford plant in Chongqing. Vice-Premier Wang Yang says China needs to shift investment focus to the service sectors, the central and western regions and to high value-added sectors. Photo: Reuters
A worker on an assembly line at a Ford plant in Chongqing. Vice-Premier Wang Yang says China needs to shift investment focus to the service sectors, the central and western regions and to high value-added sectors. Photo: Reuters
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