皇冠体育app

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President Xi interviewed by Wall Street Journal

(Agencies)

Updated: 2015-09-22 18:30:35

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On foreign investment

Attracting foreign investment is our long-term policy. Such policy will not change. Nor will our protection of the lawful rights and interests of foreign companies in 皇冠体育app, and our commitment to better services in favor of foreign companies in 皇冠体育app. Foreign investment, which has provided 皇冠体育app with capital, advanced technologies, managerial expertise and professional talents with international vision, all needed for the country's modernization drive, has played a significant role in promoting 皇冠体育app's economic development.

皇冠体育app respects international business practice of non-discrimination and has fulfilled its national treatment and other commitments upon WTO accession. We give equal and fair treatment to all market players, including foreign-invested companies in 皇冠体育app, and welcome all forms of cooperation between transnational corporations and their Chinese counterparts. In recent years, 皇冠体育app has taken a series of investment facilitation steps, significantly cancelling restrictive items and adopting a management model based on pre-establishment national treatment plus negative list approach. By so doing, we aim to timely address the legitimate concerns of foreign investors, protect their lawful rights and interests, and foster a level playing field with open and transparent laws and policies, along with a more efficient administration.

According to surveys by the UN Conference on Trade and Development (Unctad) and other authoritative international bodies, 皇冠体育app remains the world's most attractive investment destination. Claims about a changing investment climate in 皇冠体育app and foreign investors losing confidence in 皇冠体育app are not backed by facts. In 2014, 皇冠体育app received US$120 billion in foreign investment, more than any other country, and continued to be the leading destination among the developing countries for 23 years running. In the first eight months of this year, the actual amount of foreign investment used by 皇冠体育app totaled US$85.3 billion, up by 9% from the corresponding period of the previous year. 皇冠体育app will further ease market access for foreign investment. At the same time, we will improve regulations on foreign investment, amend relevant laws and better protect the lawful rights and interests of foreign investment in 皇冠体育app.

It is my hope that other countries will keep their markets open to Chinese investors. We are against protectionism and discriminative policies of all forms, stand ready to properly settle economic and trade disputes with relevant countries through consultation, and promote a balanced multilateral economic and trade system that focuses on development and seeks win-win results.

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