Moody’s: China Xi’s Boao speech was in line with March NPC and the 19th CPCC

Lillian Li, Vice President of Credit strategy and Research at Moody’s Investor Service, expressed her take on the Chinese President Xi’s speech delivered at the Boao Forum a day before.

Key Quotes:

“President Xi's speech at the Boao forum is in line with positions already laid out at the March NPC and the 19th CPCC... Such measures, if implemented and effective, could lower the risk of further trade restrictions.

The measures include a relaxation of China's market entry restrictions, improving the business environment for foreign investment, enhancing IP protection, and proactively increasing Chinese imports".