China calls for more foreign investment in advanced manufacturing

China should expand investment in basic research and guide more foreign capital toward advanced manufacturing, the country's cabinet, the State Council, said in a meeting on Friday.

The meeting also called for fostering more start-ups and unicorn companies in key sectors, and for government investment funds to play a guiding role while avoiding rushing indiscriminately into projects, according to a readout of the meeting aired by state broadcaster CCTV.

Reuters

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓