US Experts Welcome China's New Economic Initiatives

A recent meeting of China's State Council indicated that Beijing would open up new sectors for private investment and turn more focus on economic development in inner regions, several US experts said.

The initiatives would "help further growth in China and has positive economic impact in both China and the US," said Elizabeth Harrington, a former board member of the CME Group, and the US publisher of Hurun Report, a monthly magazine best known for its "China Rich List".

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