Nation eases path for multinationals

Lights burn in an office building in the Sanlitun area of Beijing. Overseas companies welcome new investment policies For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year. The nation has launched favorable policies to stabilize and attract foreign investment, and this was underlined on Friday when Premier Li Keqiang announced a series of opening-up measures in his Government Work Report. According to business executives, foreign companies will benefit from China's latest plans to shape its role as a global growth engine in a test of locally adapted innovation and a venue for generating best business practices. Premier Li said the country would promote steady growth of imports and exports this year, increase credit support to small and medium-sized foreign trade companies, and encourage the development of new forms of trade, including cross-border e-commerce.