China Not to Change Policy of Utilizing Foreign Investment: Spokesperson
Xinhua
/SOURCE : Xinhua
China Not to Change Policy of Utilizing Foreign Investment: Spokesperson

(Yicai Global) Oct. 17 -- China's policy of foreign investment utilization will remain unchanged, a spokesperson for the 19th National Congress of the Communist Party of China said Tuesday.

China will also keep unchanged its protection of foreign-funded companies' lawful rights and interests as well as its commitment to providing better services for the investment and operations of companies from all nations, said Tuo Zhen, spokesperson for the congress, at a press conference.

"China's reform and opening up are at a new starting point," Tuo told reporters.

He said the country will continue to stick to the basic state policy of opening up, open even wider to the outside world and speed up the building of a new open economy system.

Market access will be further expanded and a new round of high-quality opening up will be promoted, he noted.

"Our goal is to achieve win-win and common development," Tuo said.

The spokesperson said China's opening up is expanding in both breadth and depth, noting that the country leads the world in foreign investment utilization, outward investment and trade in both goods and services.

"A framework of two-way opening up with greater depth and higher quality is taking shape," he said.

China has ranked among the world's top three in terms of foreign investment utilization for five straight years and its engagement in global economic governance is deepening, according to Tuo. 

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Keywords: 19th CPC National Congress