ASEAN investors to receive preferential treatment in China

BEIJING - In an effort to strengthen regional ties with a bilateral free-trade agreement under negotiation, Chinese Premier Li Keqiang announced at the ASEAN leaders’ meeting that China is ready to offer more preferential treatment to investors from ASEAN member countries.

In addition, Li also offered more financial support to member countries including US$20 billion in loans and nearly US$500 million to fight poverty, as well as other initiatives designed to boost infrastructure and economic development. RMB30 million will also be set aside to support economic and technological co-operation between China and ASEAN. www.webershandwick.cn (ATI).