Despite recent trade frictions between China and the US, China will further open its market to foreign investors. Chinese Premier Li Keqiang said at the annual National People's Congress meeting this week that the country's door to the outside will only get wider, with more access to its services and manufacturing sectors. Foreign companies, including those invested by the US, will be allowed to compete on an equal footing with domestic ones. China is the largest trading partner of the United States, while the US is China's second largest. In the past few years, although China held a surplus in goods trade with America, the US maintained trade surplus for services with China. During President Donald Trump's state visit to China last year, companies from both countries signed deals worth more than 250 billion dollars. This included China's purchase of Boeing aircraft, Ford automobiles and US soybeans.