China’s Ministry of Commerce has flagged its commitment to protecting the interests of foreign investors.
Qian Keming (钱克明), vice-head of the Ministry of Commerce, said that in order to better to respond to the operating complaints of multi-national companies investing in China, the Chinese government would further deepen reforms and establish a “high-standard” liberalised and convenient system for investment and trade.
Qian said that the next round of high-level opening will shift from opening in terms of the liquidity of productive factors and commodities towards opening in terms of regulations and systems, for “deeper, more comprehensive, more fair and accommodating opening.”
“Consequently, we must establish a high-level convenient, liberalised system for investment and trade, to protect the lawful rights and interests of foreign investors.
“We will form an operating environment that provides market entities with equal treatment and fair competition, whether they be domestic investors or foreign investors; or large-scale, mid-scale, small-scale or micro enterprises.”