In a bold move to attract global businesses, Chinese Premier Li Qiang announced on Monday that China is set to further open its market to foreign-funded enterprises, regardless of changes in the international environment.
Speaking at the seventh China International Import Expo (CIIE), Premier Li met with key exhibitors and buyers, including major players like Synopsys, General Electric Company, MSD, and China FAW Group Co., Ltd.
Despite a sluggish global economic recovery, Li highlighted that China's economy remains stable and continues to grow, making it a top choice for international businesses looking to invest and expand.
He emphasized that China will ease market access and promote the orderly expansion of opening-up in sectors such as telecommunication, education, culture, and medical care. This move aims to create a more favorable business environment by providing equal opportunities in accessing production factors, obtaining qualifications, and participating in government procurement.
Foreign-funded enterprises expressed optimism about the opportunities in the Chinese market, planning to deepen their presence and increase investments in the country.
Premier Li also shared his vision of China becoming not just an export destination, but a thriving land for investment and entrepreneurship. He hopes to foster closer links between China and the global market, encouraging Chinese and foreign entrepreneurs to support economic globalization, promote technological advancement, and drive industrial upgrading.
With these commitments, China aims to become a key player in creating new growth engines for the world economy, inspiring confidence among businesses worldwide to invest and innovate in the Chinese market.
