【双语财讯】投资中国年:中国将进一步提升利用外资水平_OK阅读网
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【双语财讯】投资中国年:中国将进一步提升利用外资水平
Nation going all out to be investment magnet

来源:中国日报    2023-11-07 15:27



        China will strengthen efforts to remain an investment hotspot by lowering market entry thresholds, creating a better business environment and improving foreign investment utilization levels, officials said.
        Chinese modernization, driven by high-quality development, will provide foreign investors with a broader market space and more opportunities for collaboration, said Commerce Minister Wang Wentao on Sunday on the sidelines of the ongoing sixth China International Import Expo in Shanghai.
        "China's fundamentals, including its super large market scale, complete industrial supporting facilities and an upward economic trend, will not change, and such comprehensive strengths are still prominent," Wang, who gave a speech at the "Invest in China Year" summit and Shanghai city promotion event in Shanghai, said.
        The event aims to amplify the spillover effect of the CIIE, showcase the achievements made by the Ministry of Commerce's "Invest in China Year", and demonstrate investment opportunities in Shanghai.
        "We will continue to create a first-class business environment that is market-oriented, law-based and internationalized, and work hand in hand with everybody to create an open and prosperous future," said Gong Zheng, mayor of Shanghai.
        As of end-September, Shanghai was home to 940 multinational corporations' regional headquarters and 551 foreign-funded research and development centers, Gong said.
        Markus Steilemann, CEO of Covestro, said China is one of Covestro's largest markets, contributing to one-fifth of the group's total sales revenue last year.
        Steilemann said the company's total investment in China surpassed 3.9 billion euros ($535.6 million) as of the end of 2022, and that its investment will continue.
        Themed "Working Together for a Bright Future of Openness and Prosperity", the summit, jointly held by the Ministry of Commerce and the Shanghai Municipal People's Government, looked to better enable CIIE to play a bigger role in investment promotion and showcase China's investment opportunities.
        More than 300 guests, including officials, MNC executives, representatives from international organizations and foreign business associations, attended the summit.
        
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