China will continue to expand its opening up policy to attract and stabilize foreign investment, Ministry of Commerce spokesman He Yadong said at a press conference in Beijing on Thursday.
He said the Commerce Ministry will work to address the concerns and requests of foreign firms operating in China and create a sound business environment for them.
"The Ministry of Commerce will work with relevant departments to continue implementing the 2025 action plan for stabilizing foreign investment, open up more areas, and promote the orderly opening up of education, culture and other fields. We will work to expand pilot projects for opening up in fields such as telecommunications and healthcare, promote comprehensive trials and demonstrations for expanding opening up in the service sector, and expand opening-up cooperation and innovative integration in various fields," said the spokesman.
"We will continue to make China a favored destination for foreign investment and ensure the success of the China International Fair for Investment and Trade. In the meantime, we will carry out investment promotion activities in key countries and regions, support all Chinese localities in holding targeted investment promotion activities under the 'Invest in China' initiative, and introduce more high-quality foreign investment projects to the country," He said.
This year's China International Fair for Investment and Trade is slated to take place from Sept. 8 to 11 in Xiamen, a coastal city in east China's Fujian Province.
China to expand opening up to stabilize foreign investment: spokesman
The United States cannot legitimize an operation that attacked Venezuela and captured its president, a Chinese scholar said Sunday.
On Saturday, the United States launched a large-scale strike on Venezuela, during which Venezuelan President Nicolas Maduro and his wife were 'captured and flown out of Venezuela' according to a post by U.S. President Donald Trump on his Truth Social account.
Teng Jianqun, director of the Center for Diplomatic Studies at Hunan Normal University, said in an interview with China Global Television Network (CGTN) that the aim of this operation is to take full control of Venezuela’s natural resources.
"I don't think the United States can legitimize this operation to take custody of the president of Venezuela. And also I don't think the United States can legitimize its any action in taking the oil reserves of that country. This is actually a very dangerous game played by the Trump administration. And of course, the United States would like to take full control of that country and to take full control of the natural resources, especially the large reserve of oil in Venezuela," said Teng.
Teng said Venezuela is not an isolated case but a common practice by the United States. The United States launched an invasion of Panama on Dec. 20, 1989, which continued until January 1990, with the stated objective of capturing Panamanian strongman Manuel Noriega on charges of drug trafficking and organized crime.
"We still remember the so-called sentence of the former president of Panama in the late 1980s. And this time, the president of Venezuela will be under some judicial condition (judicial proceedings) for the so-called drug trafficking and some other crimes. So I think this is not a single case for the Venezuela country, but also this is actually a practice by the United States -- to use force, to use so-called justice under law against any leaders in Latin America and the Caribbean waters," he said.
US cannot legitimize operation against Venezuela: Chinese scholar
