China Will Optimise Conditions of Entry for Overseas Firms: Li Keqiang


Premier Li Keqiang says that China will continue to grease the skids for foreign companies hoping to gain access to the domestic market.

During a meeting with UK Prime Minister Theresa May in Beijing, Li said¬†China will continue to optimise the entry conditions as well as examination and approval procedures for foreign enterprises hoping to gain access to the country’s domestic market,¬†according to a report from the state-run Xinhua News Agency.

Li said he also hoped that the UK would make its examinations and reviews of investment by Chinese companies more fair and transparent.

According to Li Sino-British economic and trade cooperation has entered the “fast lane,” with further expansions in bilateral investment, and bilateral trade moving towards a more healthy and balanced direction.

Against the background of the world economy’s current recovery, Li said that the establishment of the Sino-British Trade Council would be of benefit to further deepening bilateral cooperation, and that following the ongoing upgrade of the Chinese economy, room for Sino-British economic and trade cooperation would further expand.

“Both parties must use an open stance and an accommodating attitude to advance cooperation, and properly grasp the dialectic unity between free trade and fair trade.”