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China will allow full foreign ownership of securities firms, futures businesses and life insurance companies by 2020-a year earlier than was scheduled, the premier said.
China unveiled a guideline in May to enhance the country's food safety with a phased plan to build a modern governance mechanism in the field.
China is willing to work with Nepal to strengthen all-round cooperation in various fields and high-quality joint construction of the Belt and Road, and constantly lift bilateral relations to new levels.
China registered the first quarterly current account deficit in 17 years in this year's first quarter. Such a deficit is when imports exceed exports. The deficit was .2 billion, compared with a surplus of .4 billion a year ago. But the market seems to have fewer concerns over China than other emerging markets. This is because of China's stable macroeconomic conditions and its record of successful control of capital flight, although Sino-US trade tensions may increase uncertainties in the financial sector, according to economists.
China welcomes Japan to continue to take part in the process of China's reform and opening-up, Xi said, adding that the Belt and Road Initiative has provided a new platform for the two countries to deepen cooperation.