皇冠体育app

Economy

皇冠体育app's business climate more transparent than believed

(Xinhua)
Updated: 2010-08-21 15:52

BEIJING - Foreign firms can freely express their views on 皇冠体育app's economic policies and investment environment, proving that the nation's business climate is more transparent and open than many westerners believe, John D. Watkins, chairman of the American Chamber of Commerce in 皇冠体育app, said Friday.

Chinese officials have carefully listened to opinions from the Chamber and responded swiftly on some issues, Watkins told Xinhua in an exclusive interview.

Related readings:  皇冠体育app's business climate index gains in Q2  SPC issues rules on foreign investment disputes  29% FDI surge shows confidence  Business climate index plunges in Q3

Watkins said 皇冠体育app's investment environment remains attractive to most American firms, citing a survey released by the Chamber in April.

Most American corporations maintain well-run operations in 皇冠体育app and 82 percent of American companies have confidence in 皇冠体育app's economic outlook, almost double that found in a 2009 survey, according to the report.

In the first seven months of the year, the amount of foreign direct investment (FDI) that flowed into 皇冠体育app reached $58.35 billion, up 20.65 percent from one year earlier, with July's figure up 29.2 percent to $6.924 billion, according to data from the MOC.