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China is expected to ease entry thresholds and enlarge business scopes for foreign players to deepen opening-up efforts, he said.
China is stepping up its opening up in the financial sector, and has greenlighted full foreign ownership of securities firms, futures businesses and life insurance companies by 2020 - a year earlier than scheduled, he said.
China is by far Australia's biggest trading partner, accounting for about one-third of all Australian exports of goods and services, and is the major market for fee-paying students and tourists.
China is also estimated to have more billionaires than the United States in the past four years, CNN reported citing another study by consulting firm Capgemini.
China has rolled out short-term incentives and long-term plans to spur demand, including capital from special local government bonds, and ramped up investment in infrastructure, according to this year's government work report.
来源：资阳报