Chinese planner promises foreign companies access to markets
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China's top planner has tried to reassure foreign companies they are welcome in its slowing economy in a speech aimed at dispelling growing anxiety Beijing is squeezing them out of promising industries.
Speaking to an audience that included executives of top global companies at a government-organized conference, Xu Shaoshi pledged Sunday to "promote two-way opening up and liberalization."
The weekend event at a government guesthouse attracted foreign executives who want insight into how the ruling Communist Party will carry out its latest development plan due to run through 2020.
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Business groups complain that despite promises of market-oriented reforms, Chinese regulators are trying to squeeze them out of technology and other promising industries.