Deputy Minister of Commerce: the policy of actively and effectively absorbing foreign investment will not change

Source: Internet
Author: User
Keywords China foreign capital China foreign investment
Tags change communication continue create development enterprises environment financial crisis
BEIJING, May 7 (Xinhua) China's vice minister of Commerce, Xiuhong 7th, said in Beijing that China's policy of actively absorbing foreign investment will not change, and that the Ministry of Commerce will continue to work to create a good environment for foreign investment, hoping to strengthen communication with multinational companies and foreign-funded enterprises. Xiuhong was speaking at the "2010 Multinational symposium" organised by the Ministry of Commerce.  She also said that in the past more than 30 years of reform and opening-up, China has adhered to the basic policy of opening-up and protected the legitimate rights and interests of investors and foreign investment enterprises, and actively promoted investment and trade facilitation, absorbing foreign investment to achieve worldwide success. The data showed that in 2009 China absorbed foreign investment at a 90 billion dollar high, down only 2.6%, the world's second-largest.  Thanks to China's rapid economic recovery and the continuous improvement of investment environment over the years, foreign-invested enterprises in China still operate well in the context of the global financial crisis, and many foreign-invested enterprises in China have become the growth bright spot and main profit source of their parent company's global business.  Xiuhong said that the stimulus package had added impetus to foreign-owned enterprises affected by the financial crisis, and that the acceleration of China's transformation of economic development and modernization and urbanization would create new development opportunities for Chinese enterprises, including foreign-funded enterprises. "We hope that foreign-funded enterprises can play an active role in China's scientific and technological innovation, industrial upgrading and regional coordinated development, and make greater contributions to the sustainable development of China's economy and society, and realize its greater development."  "Xiuhong said.  She stressed that China's basic policy of opening to the outside world will not change, and that the policy of actively and effectively absorbing foreign investment will not change, and that policies for the creation of an open and transparent legal policy environment, efficient and convenient administrative environment and an equal competitive market environment for foreign-funded enterprises in China will not change. "The Ministry of Commerce is committed to creating a good environment for foreign investment, and to strengthen communication with multinational companies and foreign-funded enterprises and to listen to the views and suggestions of China's opening-up to the outside world, as one of the important efforts to improve the investment environment."  "Xiuhong said. The symposium was attended by representatives of 64 multinational companies in China and 4 foreign chambers of commerce (institutions) in China. With the Ministry of Commerce, the Ministry of Science and Technology, the Ministry of Customs, the Ministry of Industry and Information technology, the Banking Regulatory Commission, the SFC, the Intellectual Property Office, the foreign Exchange Bureau and other departments of the representatives of in-depth communication and discussion.
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