Chinese Vice Premier He Lifeng has stressed the need for increased efforts to attract and utilize foreign investment.

Speaking at a symposium on foreign investment on Monday, He, who is also a member of the Political Bureau of the Communist Party of China Central Committee, called for the relaxation of market access and leveraging the country's large market to draw in capital.

The vice premier emphasized the importance of fostering a market-oriented, law-based and international business environment. He said that both domestic and foreign enterprises should be equally supported in participating in large-scale equipment upgrades, government procurement and bidding. Additionally, He highlighted the need for efficient communication channels to promptly address and resolve the concerns of foreign enterprises.

The vice premier also urged provinces that are key destinations for foreign capital to enhance their services and speed up the implementation of foreign investment projects. He advocated for the effective use of open platforms, such as pilot free-trade zones and comprehensive bonded zones, and encouraged exploring new strategies and methods to attract investment in the current economic climate.

(With input from Xinhua)