国内英语资讯:Premier Li holds dialogue with representatives attending Summer Davos_时事

国内英语资讯:Premier Li holds dialogue with representatives attending Summer Davos

TIANJIN, Sept. 20 -- Chinese Premier Li Keqiang on Thursday held a dialogue with representatives from communities such as industry and commerce, finance, think tanks and media outlets attending the Summer Davos 2018 in Tianjin.

At the dialogue, hosted by Klaus Schwab, executive chairman of the World Economic Forum, Li responded to questions about China's financial opening-up, intellectual property rights (IPR) protection, tax and fee reduction, entrepreneurship and innovation, as well as the reform of the world trade system.

Over 200 representatives from Europe and countries including China, the United States and Japan attended the dialogue.

Li said the opening-up of the financial sector of a nation was closely related to its development phase, economic level, and regulatory capacities.

"While maintaining financial stability, China is determined to further open up its financial services, fully implement the pre-establishment national treatment and the negative list system, and gradually remove limits on business licenses and foreign ownership," Li said.

Currently, China has removed the caps on the foreign ownership of banks. Foreign ownership caps on insurance and securities companies will also be lifted, he said.

With regard to tax and fee reduction, Li said, China saw an increase of tax revenues from the second half of 2017 to the first half of 2018, which indicates a steadily growing Chinese economy.