China will stick to the policy of opening-up and further expand market access to foreign investors, the spokesman of the Communist Party of China’s 19th National Congress told China Daily yesterday.
Spokesman Tuo Zhen said at a news conference for the congress that opening-up is a basic national policy and China’s attitude of “opening to the world” is clear.
Citing the pledge of CPC Central Committee General Secretary and President Xi Jinping to be consistent in the country’s policy of protecting the legal interests of foreign investors in China, Tuo said that there will be renewed efforts to attract foreign investors in the future as opening-up and reform continues.
“The goal is to see a win-win result and common development,” he said.
The State Council released documents in January and August to introduce measures to attract more foreign capital.
China is strengthening efforts in creating a fair and favorable business environment for all parties and in better protecting companies’ “legitimate rights and interests”, he said.
Noting that the Made in China 2025 strategy, a blueprint for upgrading the country’s manufacturing sector, treats domestic and foreign companies equally, Tuo said that a basic rule of the strategy is to ensure market-based principles－a response to concerns the strategy appears partial to Chinese companies.
Instead, concerns need to be directed at restrictions imposed by developed countries on their exports to China, the spokesman said.