Beijing, China - May 24, 2020 (CCTV - No access Chinese mainland)
1. Press conference in progress
2. Various of reporters
3. SOUNDBITE (Chinese) Ning Jizhe, deputy director, National Development and Reform Commission (NDRC):
"Within 2020, a number of key foreign investment projects in fields such as electronic information, new materials and advanced manufacturing will be implemented. The NDRC will follow the requirements in the government work report to open China wider to foreign investment, stabilize foreign investment, and stabilize industrial and supply chains."

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
4. Entrance to NDRC

FILE: Shenzhen City, Guangdong Province, south China - March 12, 2020 (CCTV - No access Chinese mainland)
5. Factory of YKK Group
6. Various of production line, workers

FILE: Shanghai Municipality, east China - April 2020 (CCTV - No access Chinese mainland)
7. Aerial shot of Tesla factory
8. Various of robotic arms, workers manufacturing automobiles

FILE: Taizhou City, Zhejiang Province, east China - April 2020 (CCTV - No access Chinese mainland)
9. Various of freezer production line, workers

FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
10. Containers at port
11. Various of workers, equipment at workshop

China is opening up its economy to more foreign investment, and a number of key foreign-funded projects are expected to be launched this year in fields such as electronic information, new materials and advanced manufacturing, a top economic planner said Sunday.

Ning Jizhe, deputy head of the National Development and Reform Commission (NDRC), told a news conference that with China's accelerated efforts to open markets and improve the environment, the number of large-scale foreign investment projects has increased markedly during the past two years.

Noting that those key foreign-funded projects have played a leading role in stabilizing foreign investment and further opening the market to the outside world, Ning said the NDRC will continue to facilitate the opening up of the Chinese economy to more foreign investment.

"Within 2020, a number of key foreign investment projects in fields such as electronic information, new materials and advanced manufacturing will be implemented. The NDRC will follow the requirements in the government work report to open China wider to foreign investment, stabilize foreign investment, and stabilize industrial and supply chains," Ning told reporters.

According to Ning, China will further shorten a negative list that is off limits for foreign investors and release a new version for 2020, pursuing higher-level opening up in the fields of services, manufacturing and agriculture.

China has eased market access for foreign firms by shortening the negative list of sectors and businesses that are off-limits for foreign investors to 40 items in 2019 from 93 in 2017.