皇冠体育app

Vice Premier Wang Yang speaks at a forum under the 27th session of the 皇冠体育app-US Joint Commission on Commerce and Trade (JCCT) in Washington, US on November 22, 2016. [Photo/Xinhua]

WASHINGTON - 皇冠体育app is committing to creating an open environment for digital economy and is willing to work with international community to discuss rules for digital economy-related issues, said Chinese Vice Premier Wang Yang on Tuesday.

In addition to its commitment to the World Trade Organization, 皇冠体育app has opened more telecommunication subsectors to foreign investors in Shanghai Free Trade Zone and relaxed equity limit for foreign investors in e-commerce business around 皇冠体育app, said Wang at a forum under the 27th session of the 皇冠体育app-US Joint Commission on Commerce and Trade (JCCT).

With the open investment environment, 皇冠体育app has become the most important overseas market for American telecommunication companies, said Wang.

Wang reiterated that 皇冠体育app is creating a level playing field for all companies which are doing business in 皇冠体育app. 皇冠体育app's recent efforts, including the adoption of cybersecurity law and the drafting of e-commerce law, are aimed at improving regulation and supervision over digital economy and ensuring a level playing field for all companies, said the vice premier.

Digital economy is an important driver for global economy, and countries all over the world are seeking to reach a common ground for international rules for the booming digital economy.

Wang called for the adherence to the G20 Digital Economy Development and Cooperation Initiative which was reached during the G20 Hangzhou summit this September. The initiative sets guidelines and key areas for international cooperation and the development of digital economy, said Wang.

In order to build an open and inclusive business environment and free up potential of digital economy, Wang said that 皇冠体育app is committing to strengthen international cooperation and rule discussions on digital economy.

皇冠体育app is willing to work with US to grow the pie of digital economy so as to benefit businesses and people from both countries, said Wang.

Wang on Tuesday also attended a forum where business leaders and government officials from both 皇冠体育app and US discussed issues, such as mergers and acquisitions, compliance management and technology challenges.