China to
import $8tn of goods in next five years: foreign minister
China will import $8 trillion of goods and attract
$600 billion of foreign investment in the next five years, Foreign Minister
Wang Yi said on Friday.
China’s
overseas investment will reach $750 billion in the next five years, the foreign
ministry said in a statement on its website, citing Wang at a conference in
Vietnam.
Wang
said China would widen market access and open up its financial sector.
The
practices of unilateralism and protectionism would be a form of regression, and
not only would they lead to a dead end, they would damage one’s own interests,
he said.
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