se Economic Practice and Thinking at Tsinghua University, said China “should be more confident” in accelerating open

ing-up of its financial sector, which will help global investors seize numerous opportunities in the Chinese market.

Domestic financial institutions are now capable of engaging i

n fiercer competition with global peers as their service abilities in many aspe

cts, such as banking and insurance, have improved a lot over the past years, Li said.

Despite headwinds from the trade tensions, global investors are still optimistic about China’s economic pro

spects, said Zhang Zhiwei, Deutsche Bank’s chief China economist and head of China equity strategy.

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