China Charts Course for Opening to More Foreign Investment

Gary Gao, Jeff Kearns, and Gregory Turk

"It seems to be paving the way for next steps, which seems to be the way many of these policies have been implemented," said Jake Parker, Beijing-based vice president of the U.S.-China Business Council. "In principle the basis of the measures is very positive as it calls for liberalization in a number of areas that have been very important to U.S. industry."