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China-Europe Relations

Reforms to benefit foreign investment

By Cong Ruiting ( chinadaily.com.cn ) Updated: 2013-11-21 10:21:48

The 18th CPC Central Committee, composed of more than 200 senior Party officials, convened its third plenum from November 9 to 12 to discuss major economic and social issues concerning comprehensive reform.

Alvydas Zabolis, Managing Partner of Zabolis Partners from Lithuania shared his view on the much-discussed 383 Plan, a reform package that aims at several breakthroughs – lower market barriers to attract investment and boost competition.

He also mentioned State-owned enterprises, which are still controlling China's key economic sectors such as oil, banking and telecommunications, as an opposition to increase competition.

Reporter: Andrew Xing

Production team: Cong Ruiting & Lou Yi

Photo: Wu Chuanjing

Producer: Flora Yue

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