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Chinese market to be more open: Vice-Premier

Updated: 2011-01-07 07:20

(Xinhua)

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Chinese market to be more open: Vice-Premier
German Economy Minister Rainer Bruederle (L) shakes hands with Chinese Vice-Premier Li Keqiang in Berlin, Jan 6, 2011. [Photo/Agencies]

BERLIN - Visiting Chinese Vice-Premier Li Keqiang said here on Thursday that China will implement a more active strategy of opening up, making the Chinese market more open, fair and better regulated.

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Li made the remarks at a dinner with German and Chinese business representatives, after meeting with German Economy Minister Rainer Bruederle earlier in the day.

"Our general idea is, in the new era China will take a more open attitude to the outside world," Li said.

Against the backdrop of globalization, China will pursue a more active strategy of opening up, continuously attracting and using foreign technology, management expertise, high-quality personnel and investment, Li said.

He also said that the Chinese government will continue to promote free trade and investment and welcome more German companies to invest or establish new businesses in China, especially in areas like energy efficiency, environmental protection, high technology, modern agriculture and service industry, as well as new industries with strategic significance.

China will give equal treatment to both domestic and foreign enterprises and establish a more fair market, he added.

Li pledged that the Chinese market will be better regulated, as the country will further improve economic laws, regulations and policies concerning foreign businesses, and protect intellectual property rights more strictly.

"This is not only aimed at creating a favorable investment environment, but also achieving an innovation-oriented nation," Li explained. "A better-regulated market will provide a fair, stable, orderly, transparent and predictable market environment for all types of businesses in China."

The Chinese leader arrived in Berlin earlier in the day, kicking off a four-day official visit to Germany. He is due to hold talks with German Chancellor Angela Merkel and meet President Christian Wulff, Foreign Minister Guido Westerwelle on Friday.

Before arriving in Germany, Li visited Spain. He will also visit Britain in his three-nation European tour.

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