Li: China on rise as land of opportunity

Premier tells summit in Brussels of an improved business environment

China remains a promising land for foreign businesses and steps are being taken to make it even more magnetic for European and other investors, Premier Li Keqiang said on Friday as he addressed the 12th China-EU Business Summit in Brussels.

Additional administrative approval procedures will be cut to make sure both foreign and domestic investors are treated equally, Li told business leaders from China and Europe at the summit.