BEIJING (China Daily/ANN): China and the United States pledged in their phase-one trade agreement on Wednesday (Jan 15) to accelerate two-way opening of the financial service sector and expand market access for each other's companies -- a move that is mutually beneficial and in line with China's objectives, analysts said on Thursday.
The countries agreed to provide fair, effective and nondiscriminatory market access for each other's financial companies in sectors such as banking, securities, insurance, futures, asset management, electronic payments and credit rating.