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BEIJING D.J. Reader Texans Jersey , Aug. 16 (Xinhua) -- The State Council, China's cabinet, on Wednesday made public a series of measures for ensuring the steady growth of foreign investment.
China should make its foreign investment environment ""more law-based, internationalized and convenient"" to promote growth and raise the quality of foreign investment, according to a document from the State Council.
""[The country] should further reduce market access restrictions for foreign capital,"" the document said.
It will roll out nationwide a negative list for investment that has been tested in pilot free-trade zones as soon as possible.
China will expand market access to allow foreign capital to enter sectors including new-energy vehicle manufacturing, ship design, aircraft maintenance and railway passenger transportation, the document said.
The government will also make fiscal and taxation support policies, improve the investment environment in national-level development zones, and facilitate the cross-border flow of personnel.
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BUCHAREST, Aug. 16 (Xinhua) -- Romanian Prime Minister MihaiTudose on Wednesday expressed satisfaction with the economicdevelopment after the National Institute of Statistics announced a5.9 percent growth in the second quarter.
The figure is above the first quarter's 5.7 percent, the primeminister wrote on his social media account, stressing that ""it is asolid economic growth, coming from the 8 percent strong increase ofthe industrial output and from services.""
""A significant contribution also comes from high and mediumvalue-added high-tech sectors,"" he added.
The good results ""confirm that Romania is on a positive trendthat we want to maintain,"" said Tudose.
According to him, in the first seven months of this year, theaverage level of confidence in the economy was 105.1 points, risingsignificantly as compared to the 103.2 points year-on-year.
Meanwhile, a Eurostat preliminary estimate released on Wednesdayshowed that Romania tops the EU rankings by the annual GDP growthrate for the interval April-June 2017. Enditem
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