China will significantly widen market – Minister

China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan, has said.

Zhong said on Monday that economic globalisation was an irreversible trend, adding that China would continue to defend the global multilateral trading system.

Beijing on Thursday unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, automotive and heavy industries and agriculture.

China by such action is moving to fulfill its promise for greater market access.