U.S. says China is of the same opinion to allow foreign buyers greater fairness in funding companies

WASHINGTON China agreed following bilateral talks to allow overseas agencies to keep bigger stakes in positive forms of funding corporations, the U.S. Treasury said on Tuesday.

China dedicated to "step by step raise the permitted fairness retaining of certified foreign financial institutions" in securities and fund management organizations, U.S. Treasury said in a declaration on the give up of high-stage communicate between U.S. and chinese language officers in Beijing.

China additionally committed to welcoming qualified foreign firms and joint ventures to apply to engage in the personal securities fund control business, such as secondary marketplace trading of securities, Treasury stated.