China Will Continue to Open to Foreign Investment, Shrink Negative Investment List: Vice-premier Han Zheng
One of China’s senior-most politicians has reiterated Beijing’s commitment to further opening of the country’s domestic economy.
Han Zheng (韩正), Vice Premier of China’s State Council, said that China will further open up to foreign investment, and continue to shrink the foreign investment negative list as well as increase imports of goods and services.
Han made the remarks at the 2020 Davos Forum on 21 January.
Han said that the key to resolving the challenges and problems of a globalised economy lay in the “joint creation of an accommodating and open world economy,” and that “upholding multilateralism” would be critical.
According to Han China will also “expedite balanced trade development, further improve the commercial environment, comprehensively implement equal treatment, give equal treatment to all types of enterprises registered within China, further create new high grounds for foreign opening, confer free trade pilot zones with greater reform sovereignty, and accelerate the construction of the Hainan Free Trade Port.”