Chinese Trade Minister Zhong Shan pledged that China will make it easier for foreign investors to access the country, protect their rights and ensure a fair and transparent investment environment, in comments reported by Reuters on Monday.
In an article in the latest issue of Communist Party journal Qiushi, Zhong said that the government would “raise the level of use of foreign investment” and create a “fair, transparent and predictable business environment,” but did not give details of specific policies that would be used to do so.
Foreign business groups in China have warned that foreign companies face an increasingly hostile environment in the country, and that Beijing’s policies and regulations unfairly favor domestic competitors. Companies have also been concerned about a lack of regulatory transparency, including inadequate protection for intellectual property.
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