Greater effort vowed on foreign investment
1 year, 9 months ago

Greater effort vowed on foreign investment

China Daily  

An employee works on the production line of a foreign-funded machinery manufacturer in Suzhou, Jiangsu province. China is a market foreign enterprises must go to, and the country will further strengthen efforts to retain and attract more high-quality foreign investment, Commerce Minister Wang Wentao said on Thursday. Attracting and utilizing more foreign investment will be "a key task" this year, Wang said, adding that the country will make greater efforts to promote investment, improve services, expand opening-up and optimize the business environment, in order to retain high-quality foreign investment and attract more foreign investors. "We will thoroughly implement the foreign investment law and its implementation regulations to apply national treatment to foreign enterprises with high standards," he said. China is also likely to enhance implementation of the negative lists system and the catalog of industries encouraging foreign investment, while further expanding market access to high-tech industries, he added.

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History of this topic

China's zero-tariff policy boon for least developed countries
2 weeks, 1 day ago

China's zero-tariff policy boon for least developed countries

China Daily  

An employee operates a touch panel in a workshop at a foreign-funded electronics manufacturing enterprise in Rongcheng, Shandong province, on Feb 23. "China's international fairs are really great platforms for African enterprises to find new opportunities, and purchasers usually consider our agricultural products to be good value for the money, thanks to China's zero-tariff treatment on most of them," said …

Beijing boosts foreign investment via business environment optimization
3 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 …

China pivotal to MNCs' global biz strategy
Trending News
1 month 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 …

CIIE showcases nation's enormous market potential
1 month ago

CIIE showcases nation's enormous market potential

China Daily  

Anyone wanting to get a better idea of an influential expo that showcases China's high-level opening-up and vast market potential — offering tremendous opportunities for global participants — should visit the China International Import Expo in Shanghai in early November. Many foreign business executives told me that amid unprecedented global changes and a sluggish economic recovery, they view the CIIE …

China's door opening even wider to foreign visitors, businesses
1 month, 2 weeks ago

China's door opening even wider to foreign visitors, businesses

China Daily  

The skyline of Beijing. On top of the national level import-themed expo, China has recently unveiled a series of initiatives, including broadened visa-free policies and eased investment restrictions, to open its doors even wider to foreign visitors, investors and business doers. This year's CIIE, running on Nov 5-10 in China's commercial hub of Shanghai, brings together participants from 152 countries, …

Opening-up brings opportunities for foreign enterprises and talents
1 month, 2 weeks ago

Opening-up brings opportunities for foreign enterprises and talents

China Daily  

This photo taken on Nov 4, 2024 shows the National Exhibition and Convention Center, the main venue for the 7th China International Import Expo which will be held from Nov 5 to 10, in East China's Shanghai. They said China's further efforts to deepen reform, expand opening-up, and promote high-quality development will bring more development opportunities to all enterprises, including …

China's door opening even wider to foreign visitors, businesses
1 month, 2 weeks ago

China's door opening even wider to foreign visitors, businesses

China Daily  

The skyline of Beijing. On top of the national level import-themed expo, China has recently unveiled a series of initiatives, including broadened visa-free policies and eased investment restrictions, to open its doors even wider to foreign visitors, investors and business doers. This year's CIIE, running on Nov 5-10 in China's commercial hub of Shanghai, brings together participants from 152 countries, …

Foreign Firms Embracing China's Openness: A Strategic Playground for Investment
1 month, 3 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 …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Foreign firms enthusiastic about opening-up progress
3 months, 1 week 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 …

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial
3 months, 1 week ago

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial

China Daily  

There have been positive signs of improving China-India economic relations recently, as evidenced by Indian officials talking about easing restrictions on Chinese investment, and New Delhi making moves to expedite visa approvals for Chinese technicians. The seeming softening of attitude by New Delhi toward Chinese investment may have been made out of expediency, as declining foreign investment is likely to …

Pruning of negative list will boost high-level opening-up
3 months, 2 weeks ago

Pruning of negative list will boost high-level opening-up

China Daily  

The skyline of Beijing. China's latest negative list on foreign investment access, jointly released by the National Development and Reform Commission and the Ministry of Commerce on Sunday, has reduced the number of restrictive measures from 31 to 29. Amid the rising trend of anti-globalization sentiment, China's updating of its negative list demonstrates its commitment to cooperation with countries in …

Foreign-related laws to be enhanced
3 months, 2 weeks ago

Foreign-related laws to be enhanced

China Daily  

Lujiazui, Shanghai's financial center, forms a perfect backdrop to Shanghai's Bund. China is enhancing its legal framework governing foreign-related issues in order to better meet its opening-up and high-quality economic development, officials from the Ministry of Justice said on Friday. "We are also prioritizing the development of international legal services, with initiatives such as establishing international commercial arbitration centers in …

Foreign-related laws to be enhanced
3 months, 2 weeks ago

Foreign-related laws to be enhanced

China Daily  

Lujiazui, Shanghai's financial center, forms a perfect backdrop to Shanghai's Bund. China is enhancing its legal framework governing foreign-related issues in order to better meet its opening-up and high-quality economic development, officials from the Ministry of Justice said on Friday. "We are also prioritizing the development of international legal services, with initiatives such as establishing international commercial arbitration centers in …

Foreign direct investment in China optimizes, upgrades
3 months, 3 weeks ago

Foreign direct investment in China optimizes, upgrades

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. According to the United Nations Conference on Trade and Development's Global Investment Trends Monitor, excluding higher values in a few European conduit economies, global FDI flows had dropped by 18 percent in 2023, …

Nation to incentivize foreign investors
4 months ago

Nation to incentivize foreign investors

China Daily  

China will roll out a set of initiatives aimed at incentivizing foreign investment, with the goal of enabling a greater number of global players to benefit from the dividends of the country's reform and opening-up policies, and promoting a win-win scenario, senior officials said on Friday. China will further relax restrictions on foreign investors making strategic investments in listed companies, …

Nation to incentivize foreign investors
4 months, 1 week ago

Nation to incentivize foreign investors

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. China will roll out a set of initiatives aimed at incentivizing foreign investment, with the goal of enabling a greater number of global players to benefit from the dividends of the country's reform and opening-up policies, and promoting a win-win scenario, senior officials said on Friday. …

China taking steps to expand market access
4 months, 3 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 …

Policies to expand foreign trade will give competitiveness a boost
4 months, 3 weeks ago

Policies to expand foreign trade will give competitiveness a boost

China Daily  

Automated cranes deliver containers at Qinzhou Port in Qinzhou, South China's Guangxi Zhuang autonomous region, in February. As external demand and supportive policies improve, China's trade in goods reached a new high in the first half of 2024, with overall foreign trade exceeding 21 trillion yuan, and export growth in June of 10.7 percent year-on-year, exceeding all expectations. China's exports …

China's commerce minister lays out priorities for broadening opening up
4 months, 3 weeks 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 …

Policies set to boost foreign investment
5 months 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 …

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

Nation's opening to further intensify
5 months ago

Nation's opening to further intensify

China Daily  

A foreign tourist takes pictures of a child wearing traditional Chinese apparel in Changsha, Hunan province, on May 14. "We will turn China's vast market into a major opportunity for the world," he said, adding that Beijing will continue to make life more convenient for foreign travelers in terms of accommodation, medical services and payments. Mu Hong, deputy director of …

China to continue pursuing high-standard opening-up
5 months ago

China to continue pursuing high-standard opening-up

China Daily  

China will staunchly adhere to international economic and trade rules and steadily expand institutional opening-up, in order to develop new institutions for a higher-standard open economy and translate its vast market into a significant opportunity for the world, a senior official said on Friday. Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic …

Efforts to draw more foreign investment
5 months, 1 week 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 …

Provincial-level regions urged to do more to attract overseas money
5 months, 1 week ago

Provincial-level regions urged to do more to attract overseas money

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. Major provincial-level regions that serve as magnets for foreign investment across China should remain open to innovative ideas and models that stay ahead of the curve and adapt to changing global dynamics and emerging economic trends to better attract foreign capital, officials and experts said. The provincial-level regions need …

Efforts to draw more foreign investment
5 months, 1 week 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
5 months, 1 week 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
5 months, 1 week 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 …

High-quality development, foreign investment interdependent
5 months, 3 weeks ago

High-quality development, foreign investment interdependent

China Daily  

A view of the Huangpu River in Shanghai. Against this backdrop, high institutional quality plays a crucial role in helping China effectively utilize foreign investment and maintain stable development in a volatile environment. Therefore, China currently needs foreign investment, and the country's high-quality development requires high-quality foreign investment. With regard to the second question, the key to attracting high-quality foreign …

Nation vows to further deepen opening-up
5 months, 3 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. 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 by Premier Li Qiang, …

Nation vows to further deepen opening-up
5 months, 3 weeks 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 …

Nation vows to further deepen opening-up
5 months, 3 weeks ago

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 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, …

Nation vows to further deepen opening-up
5 months, 3 weeks ago

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 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, …

Beijing passes regulation to optimize foreign investment environment
6 months, 3 weeks ago

Beijing passes regulation to optimize foreign investment environment

China Daily  

Photo taken on Jan 14, 2024 shows a view of Beijing's Central Business District. Beijing passed its first special regulation on foreign investment on Friday, representing the Chinese capital's latest effort to promote further opening up and boost its appeal to global investors. "The introduction of the regulation is timely and has received a positive response among foreign companies," said …

China committed to letting foreign businesses flourish
7 months 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 …

China committed to letting foreign businesses flourish
7 months 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 …

Top financial watchdog to aid development of foreign institutions in China
7 months, 2 weeks ago

Top financial watchdog to aid development of foreign institutions in China

China Daily  

A clerk counts cash at a bank in Nantong, Jiangsu province. The National Financial Regulatory Administration is planning to introduce more opening-up measures to address legitimate concerns of foreign institutions and improve regulations on foreign banks and insurers, thereby facilitating the development of foreign institutions in China, an official of the top financial watchdog told China Daily in an exclusive …

Improving business environment to attract more foreign investment
7 months, 3 weeks ago

Improving business environment to attract more foreign investment

China Daily  

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. The State Council, China's Cabinet, in March issued an action plan aimed at attracting foreign investment by promoting high-level opening-up, which puts forward a practical policy framework for addressing specific problems faced by foreign-funded enterprises in China. The actual use of foreign …

Action plan to bolster foreign investment
8 months, 1 week ago

Action plan to bolster foreign investment

China Daily  

JIN DING/CHINA DAILY China has taken pragmatic measures to expand market access, facilitate the flow of talent and scientific research resources, and align with international economic and trade rules as part of the country's efforts to create a favorable business environment and further open up its economy to global investors, officials and experts said. They made the comments after the …

Action plan to bolster foreign investment
8 months, 1 week ago

Action plan to bolster foreign investment

China Daily  

JIN DING/CHINA DAILY China has taken pragmatic measures to expand market access, facilitate the flow of talent and scientific research resources, and align with international economic and trade rules as part of the country's efforts to create a favorable business environment and further open up its economy to global investors, officials and experts said. They made the comments after the …

Shanghai going all out to become preferred global investment place
8 months, 3 weeks ago

Shanghai going all out to become preferred global investment place

China Daily  

Visitors to the Bund in Shanghai in April pose for a photograph, with the Pudong financial district in the background. WANG GANG/FOR CHINA DAILY The 2024 Shanghai Global Investment Promotion Conference has once again boosted the confidence of overseas and domestic enterprises who plan to invest in Shanghai. Shanghai launched a global investment partnership program a few years ago, inviting …

China's investor friendly measures uplift biz climate
8 months, 3 weeks ago

China's investor friendly measures uplift biz climate

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. BEIJING — China has announced a new set of measures aimed at enhancing the appeal and effective utilization of foreign investment, as part of the country's efforts to harness and share its huge market potential. An action plan comprising 24 specific pro-foreign investment measures was unveiled in …

Country vows to create more opportunities for investors
8 months, 3 weeks ago

Country vows to create more opportunities for investors

China Daily  

Vice-President Han Zheng made a speech at the Invest in China Summit 2024 in Beijing on Tuesday. Speaking on Tuesday at the Invest in China Summit 2024 in Beijing, Vice-President Han Zheng said that China will continue to explore and unleash market demand, injecting new vitality into the global economy and creating more new business opportunities for foreign companies. Ling …

China to improve global economic recovery through its high-quality development
9 months ago

China to improve global economic recovery through its high-quality development

China Daily  

China's sharpening focus on developing new quality productive forces and promoting high-quality development will inject strong impetus into global economic recovery and growth, and offer immense business opportunities for investors both at home and abroad, according to the country's top economic regulator. Zheng Shanjie, head of the National Development and Reform Commission, said the country will take solid steps to …

Foreign investors sanguine on China's economic potential, prospects for profits
9 months, 1 week ago

Foreign investors sanguine on China's economic potential, prospects for profits

China Daily  

The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Addressing the Guangdong Provincial High-quality Development Conference in Shenzhen recently, Jean-Marc Taton, chairman of ExxonMobil China, said ExxonMobil has already invested over 30 billion yuan in the first phase of its Huizhou ethylene …

Foreign retailers buoyant on Chinese market
9 months, 1 week ago

Foreign retailers buoyant on Chinese market

China Daily  

Pedestrians walk past an Ikea center in Shanghai. Foreign retail enterprises have recently begun accelerating their layout of business in China, denoting the firm confidence of foreign investors in the retail sector in the sustained and sound development of China's economy, China Youth Daily reported on Wednesday. US retail giant Costco opened a new store in Shenzhen of Guangdong province …

Foreign retailers buoyant on Chinese market
9 months, 1 week ago

Foreign retailers buoyant on Chinese market

China Daily  

Pedestrians walk past an Ikea center in Shanghai. Foreign retail enterprises have recently begun accelerating their layout of business in China, denoting the firm confidence of foreign investors in the retail sector in the sustained and sound development of China's economy, China Youth Daily reported on Wednesday. US retail giant Costco opened a new store in Shenzhen of Guangdong province …

Endowed with confidence
9 months, 1 week ago

Endowed with confidence

China Daily  

WANG XIAOYING/CHINA DAILY China should enhance its appeal to foreign investment by establishing a law-based and internationalized business environment Utilizing foreign investment is a key aspect of China's opening-up drive. To build a first-class business environment, it is necessary for China to ensure fair competition and access to infrastructure and various production factors needed by foreign-invested enterprises, and fully unleash …

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