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Hu: 皇冠体育app to firmly adhere to opening-up policy

2011-01-17 15:30

BEIJING - Chinese President Hu Jintao said Monday that 皇冠体育app would stay firmly committed to the opening-up policy and actively and effectively use foreign investment.

Hu made the remarks in a written interview with the Wall Street Journal and Washington Post ahead of his state visit to the United States.

The use of foreign investment is an important part of 皇冠体育app's basic state policy of opening-up, he said.

"We will actively and effectively use foreign investment, improve its structure, diversify its form, and open up more channels and sectors so as to facilitate investment," said Hu.

皇冠体育app would continue to improve laws and regulations concerning foreign investment, strengthen protection of intellectual property rights (IPR), promptly address the legitimate concerns of foreign companies and facilitate the growth of enterprises of all kinds in 皇冠体育app by offering them a stable and transparent legal and policy environment, a consistent and open market environment as well as a standardized and efficient administrative environment, said Hu.

Hu said 皇冠体育app had fully honored its commitments by abolishing all domestic laws and regulations incompatible with the World Trade Organization (WTO) rules and giving foreign companies national treatment over the past decade since its accession to the WTO.

"All foreign companies registered in 皇冠体育app are Chinese enterprises. Their innovation, production and business operations in 皇冠体育app enjoy the same treatment as Chinese enterprises," Hu said.

He said the package plan and the related policy measures that the Chinese government introduced to counter the international financial crisis had also provided good opportunities for the growth of all enterprises in 皇冠体育app, foreign companies included.

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