Economy
17:31, 28-Feb-2019
MOFCOM: China continues to optimize the foreign investment environment
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China will continue to create a more attractive investment environment for foreign investors, China's Ministry of Commerce (MOFCOM) spokesperson Gao Feng said Wednesday.
The America Chamber of Commerce in China's (AmCham) latest survey showed that 69 percent of American companies in the country were profitable in 2018. Its members see China among the top three global priorities for investment, and half of those are optimistic that steps will be taken to further open markets for foreign companies in China.
Gao recognizes that some U.S. companies face challenges in China, particularly regarding regulatory transparency, cost of production factors, market access restrictions and intellectual property protection. He says that China welcomes foreign chambers of commerce in China, including AmCham, to continue to make pertinent comments on the Chinese investment environment.
China will continue to promote reform and opening up, relax market access restrictions on foreign capital and continue to optimize the foreign investment environment. The country will continuously improve regulatory transparency, increase protection of legitimate rights and interests of foreign enterprises, as well as establish and improve foreign company complaint mechanisms, Gao says.