Wang Yang: China will not neglect foreign and do not exclude foreign sea | | foreign _ news

Xinhuanet, Xiamen, September 8-Vice Premier Wang Yang, 8th, 18th China international investment and trade fair at Xiamen international investment forum and deliver a keynote speech and 2014. He stressed that China, as always, welcome foreign companies to invest, to share development opportunities in China. China's opening up policy is unchanged for a long time, institutional investment cooperation is an increasingly open, on an equal basis in the implementation of laws and regulations.

Wang pointed out that over the past more than 30 years, foreign-funded enterprises have made important contributions to China's modernization drive and become an indispensable part of China's economy. Now, as China develops, flush with cash, but we will not ignore the role of foreign investment, but do not exclude foreign companies. We attract foreign investment, not simply attract more capital, more important is the introduction of advanced technology, management experience and intellectual resources, mature market economy practices, to improve quality and efficiency of China's economy and market economy is vital. We will relax restrictions on foreign investment, key service areas open to the public. Before exploring access plus a negative list of national treatment of foreign investment management model, dramatically reduce examination and approval matters, streamline approval processes.

The same day, Wang Yang, met with representatives of multinational companies attending the CIFIT. He pointed out that the high levels of foreign-funded enterprises more market environment of fair competition, equal treatment policy and rule of law in a fair and transparent environment, and not on some preferential policy. The Chinese Government will focus on building a new open economy system, further optimize the investment environment, one hand and decentralization, standardize Government behavior; one hand and rule of law, leading enterprise compliance management. Recently, we have dealt with a number of monopolies, commercial bribery according to law, tort cases of counterfeiting and mix in fake or inferior components. This is the Chinese Government to change its "heavy vetting, light regulation" important steps in the management, is to transform government functions, an important measure to strengthen market supervision. We're doing this, is aimed at providing more international business environment, the rule of law, to open further and create the conditions.

Wang Yang also met to attend the CIFIT in Xiamen, Macau S.A.R. Chief Executive Chui Sai on.

(Edit: SN117)
18:01 on September 08, 2014
Xinhua NET