China will accelerate the pace of fostering new strengths in attracting foreign investment, so that foreign invested enterprises can come, stay and flourish, Commerce Ministry spokesman He Yadong said on Thursday at a press conference in Beijing.
He made the statement in response to a media query about the effects of the frequent state visits to China by leaders of other countries since the beginning of this year on promoting foreign investment in China.
Since the beginning of this year, leaders from multiple countries have led their delegations to visit China, further deepening mutual understanding and trust, creating a broad space for bilateral economic and trade cooperation, and strengthening multinational enterprises' confidence in investing in China and flourishing in China, he said.
"Recent surveys by organizations, including the Canada China Business Council, the European Union Chamber of Commerce in China, the British Chamber of Commerce in China and the American Chamber of Commerce in China, show that the majority of multinational enterprises still consider China a primary investment destination and are continuing to increase their investment efforts," said He.
The spokesman also briefed about the efforts that China will make in the 15th Five-Year Plan period (2026-2030) to better attract foreign investment and provide a more favorable environment for the development of foreign-funded enterprises.
"During the 15th Five-Year Plan period, China will steadily advance towards high-quality development, continuously expand high-standard opening-up, firmly uphold the multilateral trading system, and strengthen equitable and mutually beneficial economic and trade relations with other countries. All these will provide positive prospects for the long-term development of foreign-funded enterprises in China," he said.
"In the next step, we will further reform the institutions and mechanism for promoting foreign investment, continuously expand institutional opening-up, optimize the business environment and accelerate the pace of fostering new strengths in attracting foreign investment, turning China's enormous market into enormous opportunities for the world, so that foreign enterprises are willing to come, stay and flourish, and become important participants in China's modernization." said He.
China to accelerate development of new advantages to attract foreign investment: spokesman
