China is rolling out the red carpet for global tech investors while calling out unfair market practices, signaling a push for international collaboration over geopolitical rivalry. People’s Bank of China Governor Pan Gongsheng declared Thursday that foreign investment in Chinese tech firms is "welcome and essential" to drive innovation, but criticized efforts to weaponize trade policies or create "politically motivated barriers."
💡 Why it matters: This move comes as global tech powers grapple over semiconductor rules and AI development. China’s message? "Think global collab, not competition." With its booming tech ecosystem—from AI startups to green energy—it’s positioning itself as a hub for investors seeking high-growth opportunities.
🌐 Bigger picture: Pan emphasized that market-based investments should prioritize equity and mutual benefit. Translation: China wants fewer hurdles for its companies abroad while inviting outsiders to share in its tech boom. Whether this bridges divides or sparks new debates remains to be seen, but one thing’s clear—the race for tech dominance just got a fresh storyline.
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China welcomes foreign investment in tech, opposes unfair barriers
cgtn.com