Chinese Premier Li Qiang says solid progress in modernisation and successful conclusion of the 14th Five-Year Plan, while China aims to boost consumption in its 15th Five-Year Plan
- China is to strengthen strategic resource reserves, broaden exit channels for private equity and venture capital funds, as well as further expand opening up trials for biotechnology and wholly foreign-owned hospitals.
Context
Premier Li Qiang's remarks signal a commitment to economic modernization and consumption growth. This can imply a supportive environment for investment and foreign participation, particularly in sectors like biotechnology, which could drive regional market dynamics and influence foreign direct investment flows into China.
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