China committed to letting foreign businesses flourish
10 months, 1 week ago

China committed to letting foreign businesses flourish

China Daily  

By Zhong Nan| chinadaily.com.cn| Updated :2024-05-24 A view of Beijing's CBD area. China remains steadfast in its commitment to maintaining high-level openness to international engagement and defending the lawful rights of all market participants, said the Ministry of Commerce on Thursday. "Foreign entities that comply with the law have no cause for concern," said He, stressing the Chinese government continues to invite businesses from across the globe to invest and flourish in China, striving to offer a stable, equitable and predictable operating environment for foreign companies that adhere to local regulations. The commerce official reiterated that China remains committed to a green and low-carbon development path, actively promoting and supporting the transformation of all industries toward more sustainable and low-carbon alternatives. Noting that some countries and regions are currently straying from the principles of green growth and violating market economy standards, He said they have breached the World Trade Organization rules by implementing restrictive measures in the new energy vehicle sector, "We believe that these measures not only disadvantage consumers in these places but also impede global progress in green transformation and efforts to combat climate change," he added.

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History of this topic

Global firms foresee fairer biz environment
3 weeks, 4 days ago

Global firms foresee fairer biz environment

China Daily  

From left to right: Ma Jun Senior, vice-president of Volvo Group, and president of Volvo Investment Co Ltd; Yu Yongjian, TotalEnergies China country chair; Ian Shih, president of Rockwell Automation China; Hideki Ozawa, executive vice-president of Canon, and president & CEO of Canon China. MA: The recently released 2025 Action Plan for Stabilizing Foreign Investment is a strong signal of …

Chinese Investment Slump Prompts New Effort to Woo Foreign Firms
1 month, 1 week ago

Chinese Investment Slump Prompts New Effort to Woo Foreign Firms

Live Mint  

-- China is renewing its efforts to attract foreign businesses, pledging more engagement and unveiling an action plan to ease restrictions after inbound investment tumbled last year to its lowest in over three decades. The plan released by the Commerce Ministry on Wednesday is looking to stabilize foreign investment by vowing to remove all market access restrictions in the manufacturing …

Focus to attract global capital that aligns with long-term growth goals
Trending News
1 month, 3 weeks ago

Focus to attract global capital that aligns with long-term growth goals

China Daily  

By Zhong Nan | China Daily | Updated: 2025-02-10 09:08 In years gone by, global companies, crucial to China's long-term economic success, established factories in China's coastal provinces, especially Guangdong, Zhejiang and Jiangsu. This strategic focus aims to attract global capital that aligns with China's long-term growth goals. Moreover, China's commitment to environmental sustainability opens new avenues for businesses specializing …

China willing to promote stable economic relations with US: commerce ministry
2 months, 1 week ago

China willing to promote stable economic relations with US: commerce ministry

China Daily  

BEIJING -- China is willing to work with the United States to promote stable, healthy and sustainable economic and trade relations, based on the principles of mutual respect, peaceful coexistence, and win-win cooperation, the Ministry of Commerce said on Thursday. "Tariff measures are not conducive to the interests of either China or the United States, nor to the rest of …

Seven US companies added to China's unreliable entity list
2 months, 2 weeks ago

Seven US companies added to China's unreliable entity list

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2025-01-15 15:20 China has added seven United States companies to its unreliable entity list for their selling arms to China's Taiwan region, the Ministry of Commerce said on Tuesday. Despite China's strong opposition, several US companies, including Inter-Coastal Electronics, have participated in so-called military-technical cooperation with China's Taiwan region, engaging in arms sales …

China voices opposition to US new export rules
2 months, 2 weeks ago

China voices opposition to US new export rules

China Daily  

Foreign Ministry spokesperson Guo Jiakun. China expressed firm opposition on Tuesday to the United States' newly unveiled export rules on chips used for artificial intelligence, calling it an "obstacle strategy" with the fundamental purpose to deprive China and many other developing countries' right to technological progress. Noting that AI is a shared asset of all mankind, Foreign Ministry spokesman Guo …

'Investing in China is investing in our future'
3 months, 2 weeks ago

'Investing in China is investing in our future'

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. And that 'investing in China is investing in our future'," Jean-Paul Agon, chairman of L'Oréal Group, told me during the seventh China International Import Expo in Shanghai last month. Furthermore, China's outbound direct investment …

CHINADAILY EPAPER
Trending News
3 months, 2 weeks ago

CHINADAILY EPAPER

China Daily  

The flags of China and its Macao Special Administrative Region flutter above a bustling street in the city on Saturday, ahead of the 25th anniversary of Macao's return to the motherland, which falls on Dec 20. Huang Taiming / For China Daily Opening-up to spur foreign trade growth China will continue to advance institutionalized opening-up, broaden market access for global …

'Investing in China is investing in our future'
3 months, 2 weeks ago

'Investing in China is investing in our future'

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. And that 'investing in China is investing in our future'," Jean-Paul Agon, chairman of L'Oréal Group, told me during the seventh China International Import Expo in Shanghai last month. Furthermore, China's outbound direct investment …

Private firms primed as economic drivers
3 months, 2 weeks ago

Private firms primed as economic drivers

China Daily  

A view of Tencent's booth during an expo in Beijing. Reflecting on how fiscal and monetary policies have also strengthened market confidence, Zhang called for more efforts to seize opportunities and accelerate the cultivation and growth of new quality productive forces, including new energy. With steadfast confidence in China's economic future, we remain committed to action, innovation and driving progress, …

Beijing boosts foreign investment via business environment optimization
3 months, 4 weeks ago

Beijing boosts foreign investment via business environment optimization

China Daily  

The skyline of Beijing. "Beijing has consistently prioritized improving its business environment as a crucial strategy to transform government functions, boost the vitality of enterprises, and strengthen the internal drivers of economic growth," Beijing's Deputy Mayor Sima Hong said. Tetsuro Homma, executive vice president of Panasonic Holdings Corporation and group chief executive for China & Northeast Asia, told Xinhua that …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

By ZHONG NAN| China Daily| Updated :2024-11-28 When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

China pivotal to MNCs' global biz strategy
Trending News
4 months, 1 week ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. "As China's manufacturing sector undergoes transformation and upgrading, high-end manufacturing has become a key area for attracting foreign investment," Ji said. Apart from showcasing the latest products and technology solutions at its 600-square-meter booth, …

China pivotal to MNCs' global biz strategy
Trending News
4 months, 1 week ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors experience lens products from German optical systems company ZEISS Group at its booth during the seventh CIIE in Shanghai on Nov 9. Highlighting that this grand event has established itself as a premier venue for global product debuts for seven years, Arnold Li, senior vice-president of Ingersoll Rand Inc, a US industrial goods manufacturer and seven-time participant at the …

China sees steady expansion in number of business entities
4 months, 3 weeks ago

China sees steady expansion in number of business entities

China Daily  

A view of CBD area in Beijing on June 20, 2023. BEIJING - China's total number of business entities had reached 188 million by the end of September 2024, marking a 3.9-percent year-on-year rise, the State Administration for Market Regulation said on Friday. A slew of policy measures to expand domestic demand, boost confidence and energize various market players have …

Chinese enterprises' global expansion: Balancing growth and localization
4 months, 3 weeks ago

Chinese enterprises' global expansion: Balancing growth and localization

China Daily  

At the 2024 China Enterprise High Quality Going Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally. At the 2024 China Enterprise High Quality Going Overseas Forum held recently in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex …

China at center of our business, says StanChart Group CEO
4 months, 3 weeks ago

China at center of our business, says StanChart Group CEO

China Daily  

Standard Chartered's booth during the ongoing 7th China International Import Expo. BEIJING — China remains a key focus for Standard Chartered Bank and the group's overall commitment to the country has only increased, said Bill Winters, group CEO of the banking corporation, in a recent interview with Xinhua News Agency. He noted that this adjustment sometimes means expanding operations in …

China at center of our business, says StanChart Group CEO
4 months, 3 weeks ago

China at center of our business, says StanChart Group CEO

China Daily  

Standard Chartered's booth during the ongoing 7th China International Import Expo. BEIJING — China remains a key focus for Standard Chartered Bank and the group's overall commitment to the country has only increased, said Bill Winters, group CEO of the banking corporation, in a recent interview with Xinhua News Agency. He noted that this adjustment sometimes means expanding operations in …

Foreign Firms Embracing China's Openness: A Strategic Playground for Investment
4 months, 4 weeks ago

Foreign Firms Embracing China's Openness: A Strategic Playground for Investment

China Daily  

Foreign companies are expressing strong interest in investing in China, with 90% of surveyed firms rating the business environment as satisfactory or higher. The country's economic growth and institutional openness are key drivers of this interest, with foreign companies planning to increase their investment in China by 2.07 percentage points from the previous quarter. The primary areas of investment include …

MOC: Beijing has always supported positive ties between China, Europe car industries
4 months, 4 weeks ago

MOC: Beijing has always supported positive ties between China, Europe car industries

China Daily  

A SAIC model is driven into a cargo ship headed to Europe. China has consistently supported and encouraged mutually beneficial economic and trade cooperation between the Chinese and European automotive industries, said the Ministry of Commerce on Thursday. Speaking at a weekly briefing in Beijing, He Yadong, the spokesman for the ministry, stressed that China has continuously maintained an open …

Survey: Foreign firms willing to invest
4 months, 4 weeks ago

Survey: Foreign firms willing to invest

China Daily  

A view of CBD area in Beijing on June 20, 2023. China's ongoing progress in market openness, product innovation and business model transformation will secure its position as a strategic priority for multinational corporations, creating long-term financial returns, said market watchers and corporate executives on Thursday. According to a report released on Thursday by the China Council for the Promotion …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q4 While China is expanding opening-up, some are concerned that geopolitical tensions, rising protectionism and global supply chain adjustments may weaken China's attractiveness to foreign companies. Our investments in China are in line with BASF's strategy of producing where our customers are and where there is market growth. Zheng: Illumina continues to see China as a crucial part of our …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Jaishankar says open to do business with China, with a rider
6 months, 2 weeks ago

Jaishankar says open to do business with China, with a rider

New Indian Express  

NEW DELHI: External Affairs Minister S Jaishankar on Tuesday said India is not closed to business from China, but is watchful of the sectors in which to do business with it and on what terms. So, it’s far more complicated than a black and white binary answer,” Jaishankar said while addressing the annual ambassadors’ conference of the German Foreign Office …

Execs sanguine on H2 business climate in China
7 months, 2 weeks ago

Execs sanguine on H2 business climate in China

China Daily  

Q4: While China is expanding opening-up, some are concerned that geopolitical tensions, rising protectionism and global supply chain adjustments may weaken China's attractiveness to foreign companies. L. WANG: The Chinese market is of high potential and rapidly growing in the past many years with its robust manufacturing capabilities, comprehensive supply chain, and stable policy environment. These reform measures are pivotal …

New institutions facilitate high-level opening-up
7 months, 2 weeks ago

New institutions facilitate high-level opening-up

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. With this year marking the 75th anniversary of the founding of the People's Republic of China and being a critical year for fulfilling the goals set out in the 14th Five-Year Plan, Chinese policymakers are making greater efforts to foster a new development pattern, advance high-quality …

New institutions facilitate high-level opening-up
7 months, 2 weeks ago

New institutions facilitate high-level opening-up

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. With this year marking the 75th anniversary of the founding of the People's Republic of China and being a critical year for fulfilling the goals set out in the 14th Five-Year Plan, Chinese policymakers are making greater efforts to foster a new development pattern, advance high-quality …

Continued US-China cooperation urged
7 months, 3 weeks ago

Continued US-China cooperation urged

China Daily  

Book cover of Selling to China co-authored and edited by Ker Gibbs. "At this point, the China market is so big and so important that no company can be considered truly global unless it has a business in China. "In the car industry, for example, a lot of the new ideas and technologies are coming from China," said Gibbs, "If …

UK hails China's policy push for wider opening-up
7 months, 3 weeks ago

UK hails China's policy push for wider opening-up

China Daily  

An aerial drone photo taken on Jan 1, 2024 shows the Yangpu international container terminal in South China's Hainan province. Experts in the United Kingdom welcomed China's new policy push for pursuing high-standard opening-up and called for stronger international trade exchanges and cooperation amid geopolitical turbulence. The plenum's resolution stated, "Leveraging the strengths of China's enormous market, we will enhance …

Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion
7 months, 3 weeks ago

Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion

Associated Press  

WASHINGTON — It was billed as the “biggest ever economic development project” in north Michigan when Gov. “The main reason is U.S.-China rivalry, and the U.S. government prioritizes ‘national security’ over economic interests in dealing with China.” Lizhi Liu, an assistant professor of business at Georgetown University, said the trend, along with the decline of U.S. investments in China, could …

China taking steps to expand market access
7 months, 4 weeks ago

China taking steps to expand market access

China Daily  

Large ships under construction at a shipyard in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China is taking significant steps to expand market access and encourage foreign investment across a wide range of industries such as finance, manufacturing and services, the Ministry of Commerce said on Friday. China is revising and will publish the regulations for strategic investments by foreign …

China's commerce minister lays out priorities for broadening opening up
8 months ago

China's commerce minister lays out priorities for broadening opening up

China Daily  

Chinese Commerce Minister Wang Wentao speaks at a news conference on economy for the second session of the 14th National People's Congress in Beijing, March 6, 2024. "The plenum underlined the commitment to the basic state policy of opening to the outside world and the resolution adopted at the session uses a whole chapter to expound on plans to pursue …

Fresh impetus for China's private sector
8 months ago

Fresh impetus for China's private sector

China Daily  

An employee works on a chip production line in Jiujiang, Jiangxi province. The country will also support capable private enterprises in leading national initiatives to make breakthroughs in major technologies and provide private enterprises with greater access to major national scientific research infrastructure, he said. "As the rule of law offers the best business environment, China will formulate and introduce …

Policy thrust set to safeguard commerce
8 months, 1 week ago

Policy thrust set to safeguard commerce

China Daily  

BYD vehicles bound for Brazil await shipment in Lianyungang, Jiangsu province. China's resolve to intensify its efforts to harmonize foreign trade policies with fiscal, tax, financial and industrial policies will foster a robust institutional framework to cement the country's position as a trading powerhouse and better underpin economic growth, experts said after reviewing the highlights of a recent tone-setting meeting. …

Policy thrust set to safeguard commerce
8 months, 1 week ago

Policy thrust set to safeguard commerce

China Daily  

By WANG KEJU | China Daily | Updated: 2024-07-24 07:26 BYD vehicles bound for Brazil await shipment in Lianyungang, Jiangsu province. China's resolve to intensify its efforts to harmonize foreign trade policies with fiscal, tax, financial and industrial policies will foster a robust institutional framework to cement the country's position as a trading powerhouse and better underpin economic growth, experts …

Policies set to boost foreign investment
8 months, 1 week ago

Policies set to boost foreign investment

China Daily  

China's continuous reform measures and high-level opening-up will inject fresh momentum into its economic growth, creating more opportunities for multinational corporations to invest and thrive in the country, said market observers and business executives on Sunday. They added that China's accelerated cultivation of new quality productive forces, along with its industrial transformation and upgrading, will further facilitate trade and investment …

China calls on countries to resist US economic coercion
8 months, 1 week ago

China calls on countries to resist US economic coercion

China Daily  

BEIJING -- China's Ministry of Commerce on Friday called on relevant countries to resist economic coercion from the US in the semiconductor sector. The ministry said that China hopes relevant countries will adhere to market principles and the spirit of their contracts, resist the economic coercion from the US, and work together to safeguard the stability of global industrial and …

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial
8 months, 1 week ago

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial

China Daily  

The Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization approved by the third plenary session of the 20th CPC Central Committee upon its conclusion in Beijing on Thursday sends a clear message that China will not give up eating for fear of choking. As set out in the …

Efforts to draw more foreign investment
8 months, 2 weeks ago

Efforts to draw more foreign investment

China Daily  

JIN DING/CHINA DAILY China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological advancements are strong incentives for foreign businesses seeking opportunities to …

Efforts to draw more foreign investment
8 months, 2 weeks ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
8 months, 2 weeks ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
8 months, 2 weeks ago

Efforts to draw more foreign investment

China Daily  

chinadaily.com.cn| Updated :2024-07-17 Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer …

Nation vows to further deepen opening-up
9 months ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired …

Decoupling result of US' China policy
9 months ago

Decoupling result of US' China policy

China Daily  

By Yifan Xu in Washington | China Daily | Updated: 2024-06-27 09:51 Capital market decoupling between the United States and China is occurring to some extent, and US restrictions targeting China have played a significant role, experts said. US President Joe Biden signed an executive order last August to establish a foreign investment review mechanism to restrict US entities from …

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