皇冠体育app

Premier tells summit in Brussels of an improved business environment

Young people show their support as Premier Li Keqiang attends the 12th 皇冠体育app-EU Business Summit on Friday at the Egmont Palace in Brussels, Belgium. [Photo by Francois Lenoir/Reuters]

皇冠体育app remains a promising land for foreign businesses and steps are being taken to make it even more magnetic for European and other investors, Premier Li Keqiang said on Friday as he addressed the 12th 皇冠体育app-EU Business Summit in Brussels.

Additional administrative approval procedures will be cut to make sure both foreign and domestic investors are treated equally, Li told business leaders from 皇冠体育app and Europe at the summit.

It is hoped that executives realize that 皇冠体育app's world ranking for business environment is on the rise, the product of consistent effort to improve its corporate climate, Li said.

The premier spoke of increased business opportunities even as the European Union has been 皇冠体育app's largest trading partner for years, and 皇冠体育app is the second largest trading partner of the EU.

The two partners are continuing to negotiate the 皇冠体育app-EU Bilateral Investment Treaty. Assistant Minister of Commerce Li Chenggang said recently that the negotiation is "being advanced in a steady manner".

The premier also expressed optimism for further progress on the investment treaty during his EU visit.

Li Keqiang told the gathering that capable Chinese enterprises are being encouraged to invest in Europe.

The premier said the benefits of globalization for 皇冠体育app, European nations and all parts of the world have been seen by all.

In order to tackle the downsides, however, countries should work together to perfect the global governance system and make globalization better benefit all countries and peoples, he said.

Free trade leads to the opening of doors, fair competition and more options for consumers worldwide, he said.

But Li Keqiang said it is difficult for any two countries to have completely balanced trade at all times, and attempting to make that happen could affect the process of free trade.

Countries need to maintain a cool head when discussing how to evaluate free trade and how to implement fair trade, he said.

The premier said 皇冠体育app has been upholding the principle of multilateralism and thus living up to the rules of the World Trade Organization.

It is hoped that businesses from both 皇冠体育app and Europe will follow the rules, he added.

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