China Enhances Commitment to Foreign Investment with New Measures
Ministry of Commerce outlines plans for 2025 to attract foreign investors and boost economic collaboration.
BEIJING, March 20 -- The Ministry of Commerce announced China's strategy to stabilize and enhance foreign investment in 2025, with a focus on expanding market access and improving the overall business environment.
He Yongqian, a spokesperson for the ministry, emphasized the government’s commitment to opening up various sectors, including education, culture, and telecom services, as a part of this effort.
As of now, China has granted licenses to 13 foreign-invested companies to provide value-added telecom services and initiated over 40 foreign-funded biotechnology projects.
Additionally, three new wholly foreign-owned hospitals have recently received approvals to commence operations.
The ministry is also expanding its opening-up pilot program to more areas, aiming to attract further foreign investments.
To bolster its reputation as a favored destination for international investors, the ministry is devising promotional activities abroad aimed at enticing foreign businesses.
More than 500 issues affecting foreign enterprises have been successfully addressed through roundtable discussions organized by the ministry, which is committed to continuously improving services and the business environment for foreign investors.
China is facilitating participation from both domestic and foreign-funded enterprises in key initiatives, including large-scale equipment upgrades, consumer goods trade-ins, and government procurement, ensuring competitive equity in the market.
In a related development, British pharmaceutical giant AstraZeneca has pledged a landmark $2.5 billion investment in Beijing over the next five years.
This investment, which underscores confidence in China's life sciences sector, will support the establishment of a global strategic R&D center focusing on biopharmaceutical innovation.
Moreover, as part of the China Development Forum (CDF) 2025 taking place in Beijing, more than 80 senior executives from multinational corporations gathered to discuss cooperation and development opportunities in China.
In his keynote address, Chinese Premier Li Qiang reaffirmed the country's commitment to opening up its economy and welcomed foreign-funded enterprises as critical participants in national growth.
The ongoing forum features discussions on various strategic themes, including consumption enhancement and the development of new productive forces, reinforcing China's engagement with global business leaders.
Foreign investor confidence remains strong, particularly in regions like Fujian Province where numerous foreign enterprises have scaled investment due to the expansive market opportunities.
Statistics indicate a robust year in 2024, with substantial foreign capital inflow and numerous new projects launched, reaffirming China's status as a prime location for foreign business activities.
He Yongqian, a spokesperson for the ministry, emphasized the government’s commitment to opening up various sectors, including education, culture, and telecom services, as a part of this effort.
As of now, China has granted licenses to 13 foreign-invested companies to provide value-added telecom services and initiated over 40 foreign-funded biotechnology projects.
Additionally, three new wholly foreign-owned hospitals have recently received approvals to commence operations.
The ministry is also expanding its opening-up pilot program to more areas, aiming to attract further foreign investments.
To bolster its reputation as a favored destination for international investors, the ministry is devising promotional activities abroad aimed at enticing foreign businesses.
More than 500 issues affecting foreign enterprises have been successfully addressed through roundtable discussions organized by the ministry, which is committed to continuously improving services and the business environment for foreign investors.
China is facilitating participation from both domestic and foreign-funded enterprises in key initiatives, including large-scale equipment upgrades, consumer goods trade-ins, and government procurement, ensuring competitive equity in the market.
In a related development, British pharmaceutical giant AstraZeneca has pledged a landmark $2.5 billion investment in Beijing over the next five years.
This investment, which underscores confidence in China's life sciences sector, will support the establishment of a global strategic R&D center focusing on biopharmaceutical innovation.
Moreover, as part of the China Development Forum (CDF) 2025 taking place in Beijing, more than 80 senior executives from multinational corporations gathered to discuss cooperation and development opportunities in China.
In his keynote address, Chinese Premier Li Qiang reaffirmed the country's commitment to opening up its economy and welcomed foreign-funded enterprises as critical participants in national growth.
The ongoing forum features discussions on various strategic themes, including consumption enhancement and the development of new productive forces, reinforcing China's engagement with global business leaders.
Foreign investor confidence remains strong, particularly in regions like Fujian Province where numerous foreign enterprises have scaled investment due to the expansive market opportunities.
Statistics indicate a robust year in 2024, with substantial foreign capital inflow and numerous new projects launched, reaffirming China's status as a prime location for foreign business activities.
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