China's policy towards foreign investment unchanged
Updated: 2016-01-21 20:02
By Wang Qingyun(chinadaily.com.cn)
China won't change its policy of creating a good environment for foreign companies investing in the country, Foreign Ministry spokesman Hong Lei said on Thursday.
Hong's comment came after the American Chamber of Commerce in China issued its 2016 Business Climate Survey.
Of chamber members surveyed, 60 percent regarded the country as among their top three investment destinations, and nearly 25 percent believed China is their top choice for investment.
On the other hand, James Zimmerman, chairman of the chamber said 2016 will be "a year to carefully review and manage costs as part of a strategy under the 'new normal'," and the chamber's members "report increasing concerns about transparency, predictability and fairness of the regulatory environment".
Hong said: "I would like to emphasize that China's policies of using foreign investment won't change, its policies of creating a good environment for foreign companies investing in the country won't change, and its policies of protecting foreign investors' legal rights won't change.
"China's economy has great potential for growth and great room to maneuver," he said, adding that China is willing to share with various countries dividends of its development.
He cited statistics of the Ministry of Commerce, saying China attracted $120 billion of foreign investment in 2014, the country attracting most foreign investment globally that year. Foreign investment in China in 2015 is expected to hit $126 billion.
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