The high-level opening-up and favorable business environment have boosted the confidence of foreign enterprises to invest more in China, said Zhao Ping, spokeswoman of the China Council for the Promotion of International Trade (CCPIT), at a press conference in Beijing on Sunday.
Zhao said that in the first quarter of this year, the council conducted surveys on over 600 foreign-funded enterprises, which found that they were generally satisfied with the business environment in China.
Regarding specific services, over 90 percent of respondents were satisfied or more than satisfied with acquiring business sites, market access and seven other indicators, according to the survey.
"European-invested enterprises interviewed expect that their profit margins in China will increase over the next five years, with nearly 60 percent anticipating higher returns which is higher than in other regions. The proportion of foreign-invested enterprises planning to increase their investment in China this year has risen by 2.1 percentage points compared to the previous period. North American companies surveyed exceed the overall average by more than 4.5 percentage points. Our data indicates that China's market maintains a comprehensive advantage in attracting foreign investment. Coupled with a series of policies aimed at stabilizing the economy, promoting openness, and attracting foreign investment that have been effective since the first quarter, China's favorable investment environment and high level of openness have boosted the confidence of foreign enterprises in investing in China," said Zhao.
High level opening-up boosts foreign investment in China: spokeswoman
Chinese President Xi Jinping held a restrictive meeting with Russian President Vladimir Putin on Thursday at Zhongnanhai in Beijing, during which they had in-depth exchanges on strategic issues of common concern.
The world is undergoing changes unseen in a century and entering a new period of turbulence and transformation, Xi noted, adding that in the face of the ever-evolving world landscape with volatility and turmoil, China has maintained its strategic resolve.
He said that under the leadership of the Communist Party of China, the Chinese people have overcome various difficulties and challenges, and are striving to promote high-quality development and Chinese modernization.
China is willing to work with Russia and other countries to enhance solidarity and cooperation, steer global governance in the right direction, jointly safeguard international fairness and justice, and promote world peace and common development, Xi said.
Noting that China's development is unstoppable and that no force can contain China's growth and progress, Putin said that Russia is willing to improve cooperation with China and other Global South countries to promote international fairness and justice, and to work toward a more equal and multipolar world.
The two heads of state had an in-depth exchange of views on the Ukraine crisis.
Xi elaborated on China's consistent position and efforts to promote the political settlement of the Ukraine issue, stressing that to deal with any major issue, it is necessary to address both the symptoms and the root causes, and to plan for the present as well as for the long term.
He said the core of the Global Security Initiative is advocating the vision of common, comprehensive, cooperative and sustainable security, and the fundamental solution to the Ukraine issue is to promote the establishment of a new balanced, effective and sustainable security architecture.
Xi said China supports the convening of an international peace conference recognized by Russia and Ukraine at an appropriate time with equal participation and fair discussion of all options, so as to push for an early political settlement of the Ukraine issue, and China stands ready to continue to play a constructive role in this regard.
Putin introduced the relevant views and positions of Russia, saying that Russia appreciates China's objective, just and balanced position on the Ukraine issue and welcomes China to continue to play an important and constructive role in the political settlement of the issue. Russia is committed to resolving the Ukraine issue through political negotiations and is willing to demonstrate sincerity and maintain close communication with China in this regard, he said.
Xi said that over the years, they have had many meetings and every exchange has been candid, in-depth and fruitful.
Xi said he is ready to stay in close contact with President Putin and work together to steer the development of China-Russia relations in the right direction, guide the China-Russia comprehensive strategic partnership of coordination for the new era to achieve steady and lasting progress, bring more benefits to the two peoples, and contribute to world security and stability.
Putin thanked Xi for his warm hospitality, saying that he is willing to maintain close communication with Xi, implement the important consensus reached between them, and ensure the full development of the Russia-China comprehensive strategic partnership of coordination for the new era.
Xi holds restrictive meeting with Putin at Zhongnanhai
