How to understand the economic and social development goals set during this year's two sessions? What signals does the government work report release? The 2024 National People's Congress and Chinese People's Political Consultative Conference, hosted by the China Public Relations Association, was held in Beijing on the 18th to address the concerns of domestic and foreign business communities and discuss new opportunities for the Chinese economy. "Actively aligning with high standard international economic and trade rules, steadily expanding institutional openness, continuing to reduce the negative list of foreign investment access, and comprehensively lifting restrictions on foreign investment access in the manufacturing industry," "Expanding the Catalogue of Industries Encouraging Foreign Investment, and Encouraging Domestic Reinvestment by Foreign Enterprises..." This year's government work report has released a series of positive signals that have aroused concern among the business community. In response to concerns, Li Chao, Deputy Director and spokesperson of the Policy Research Office of the National Development and Reform Commission, elaborated on China's more solid development foundation, the continuous accumulation of endogenous development momentum, the continuous improvement of scientific and technological innovation capabilities, and the continuous enhancement of economic resilience and resilience. He also stated that the basic trend of China's economic recovery and long-term improvement has not changed or will not change, China remains a hot spot for foreign-funded enterprises to invest and prosper. Li Chao stated that in the next step, China will make greater efforts to promote the construction of a new high-level open economic system, with a focus on institutional openness, high-level integration with international economic and trade rules, improvement of policy and rule system construction, and promotion of high-quality development in the utilization of foreign investment. On the one hand, we will focus on policies and services, and promptly introduce more practical measures to attract foreign investment. We will deepen regular communication and exchange with foreign-funded enterprises and foreign associations, and solve specific obstacles and bottlenecks faced by international business personnel exchanges and the flow of innovative elements. During the on-site communication session, Li Chao also interacted and exchanged ideas with attendees on topics such as optimizing the business environment, actively utilizing foreign investment, and promoting green and low-carbon development. During the interview, the reporter found that many attending foreign-funded enterprises have been participating in such promotional events for many consecutive years. They believe that for foreign-funded enterprises, the annual promotional events held after the National People's Congress and Chinese People's Political Consultative Conference are a good learning opportunity, which can deepen their understanding of China's macroeconomic situation and policies, and boost their confidence in the development of foreign-funded enterprises in China. Representatives of foreign-funded enterprises attending the meeting stated that China's economy is resilient and dynamic, with a large market size and potential. Multinational corporations and global capital are optimistic about the fundamentals of the Chinese economy. In the current uncertain world, the two sessions of the National People's Congress of China have issued a clear signal to expand high-level opening-up to the outside world, indicating that China has always shared development opportunities with the world. Cai Menghong, General Manager of Herbalife China, stated in an interview with reporters that the series of positive signals released in this year's government work report fully reflect that the door to China's opening up is getting wider and wider. The Chinese government has launched a series of measures to provide a broader platform and increasingly improved institutional guarantees for foreign enterprises in China. Herbalife is also very excited about this and has strengthened its confidence and determination in the long-term development of the company in China. "Today's China is a global investment hotspot, and investing in China is investing in the future," she said. (Lai Xin She)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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