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Economy

Ministry of Commerce: Continue to Promote 24 Measures for Foreign Investment, Accelerate Implementation and Achieve Results

2024-02-29   

On the morning of February 28th, the Ministry of Commerce held a roundtable meeting for foreign-funded enterprises to introduce the implementation of the State Council's Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment (24 Articles on Foreign Investment). The Ministry of Commerce stated that in order to strive to create a market-oriented, rule of law, and internationalized first-class business environment, and to attract and utilize foreign investment more vigorously, the Ministry of Commerce, together with relevant departments, has widely listened to the concerns and demands of foreign enterprises on China's business environment, and has submitted 24 articles on foreign investment to the State Council for issuance. Although the document has only been issued for over half a year, with the joint cooperation of relevant departments, most of the measures for the 24 foreign investment regulations have been implemented or made positive progress. Next, the Ministry of Commerce will work with relevant departments and local governments to accelerate the implementation and effectiveness of the 24 measures for foreign investment, listen to the opinions and suggestions of foreign-funded enterprises, conduct a comprehensive evaluation of the implementation situation, continuously improve work, and enhance the policy sense of foreign-funded enterprises. Representatives from 9 foreign business associations and over 60 foreign-funded enterprises in China, including the American Chamber of Commerce in China, the National Committee for US China Trade, the European Chamber of Commerce in China, the Anglo China Trade Association, the German Chamber of Commerce in China, the Swiss Chamber of Commerce in China, the Danish Chamber of Commerce in China, the Japanese Chamber of Commerce in China, and the Korean Chamber of Commerce in China, attended the meeting. The attendees highly appreciated the tremendous efforts made by the Chinese government to improve the business environment, stating that many measures have been directly implemented by enterprises, with good results and widely welcomed by foreign-funded enterprises, further stabilizing expectations and strengthening confidence in investing in China. (Lai Xin She)

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:economic daily

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