Embassy of China in Belarus: investing in China means investing in the future
China's doors will open wider, and the policy of attracting foreign investment will remain unchanged – as the Chinese embassy’s staff in Minsk told sb.by when commenting on the reasons for the confidence of foreign enterprises in expanding investment in China
Not long ago, Chinese President Xi Jinping met with representatives of international business circles in Beijing. The meeting gathered more than forty CEOs of the companies with foreign investment, as well as representatives of business associations, who discussed the increase in ‘investment in China’.
Commenting on where the confidence of foreign enterprises in increasing investment in China is coming from, a representative of the Chinese embassy in Minsk said, “On March 28th, President Xi Jinping met with representatives of international business circles and delivered an important speech, noting that openness to the outside world is China's main state policy. China promotes openness at a high level by systematically expanding institutional openness in the areas of rules, regulation, governance, and standards. China's doors will open wider, and the policy of attracting foreign investment will remain unchanged. China is committed to high-quality development, accelerating green, digital, and intelligent transformation. Thanks to its powerful production and technological base, the country has become the best platform for a new round of scientific and technological revolution and industrial transformations. Being with China means going along with opportunities. To believe in China is to believe in tomorrow. To invest in China is to invest in the future."
According to the diplomat, this confidence is rooted in the sustainable development and high-quality growth of the Chinese economy, as well as huge scales of China's domestic market, its integrated industrial system, highly qualified labour resources and a first-class business environment based on the principles of the market economy, the rule of law and internationalisation.
"Last year, China introduced 24 measures to stabilise foreign investment, for the first time testing mechanisms for meeting international high standards in the trade and economic sphere in five pilot free trade zones and on Hainan Island," the representative of the diplomatic mission noted. “This year, the government's work report proposed to completely lift restrictions on foreign investment in the manufacturing industry, as well as liberalise access to the services market in such areas as telecommunications and healthcare. Recently, the State Council of the People's Republic of China published an action plan to steadily promote high-level openness and more actively attract and use foreign investment, which includes practical measures to expand market access, facilitate the movement of innovative factors and other areas for actively attracting foreign capital. According to the Ministry of Commerce of the People's Republic of China, in the first two months of this year, 7,160 new enterprises with foreign investment were registered in the country — 34.9 percent more than a year earlier, which was the highest figure in the last 5 years."
"China is currently comprehensively promoting Chinese modernisation and accelerating the development of new innovation-based productive forces, which will open up endless market opportunities and unprecedented growth prospects for investors both domestically and abroad. We invite companies from all over the world to invest in China, gain a foothold in China and write new chapters of mutually beneficial co-operation and joint development together," the diplomat added.
