Keep promise to open up market, businessmen tell Beijing

The skyline of Shanghai on Feb 14, 2018. According to estimates, China's vast consumer market will account for 22 per cent of the world's middle-class consumption by 2030. PHOTO: AFP
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China must keep its promise to open up its market to continue attracting foreign investment, businessmen said after the country's biggest import fair drew to a close on Sunday.

Organisers of the China International Import Expo (CIIE) in Shanghai said preliminary figures indicated US$71.13 billion (S$97 billion) worth of deals were inked this year, 23 per cent higher than during the inaugural expo last year.

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A version of this article appeared in the print edition of The Straits Times on November 14, 2019, with the headline Keep promise to open up market, businessmen tell Beijing. Subscribe