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China gov’t vows to support foreign businesses

27 March 2023
31503
2023-03-27 10:10

China’s minister of commerce on Sunday said his country would remain committed to opening up and be supportive of foreign businesses in China. At a session of the China Development Forum, Wang Wentao, China’s minister of commerce said China will stick to the national policy of opening up and create new opportunities for global development with China’s efforts towards modernization.

Wang listed measures including reducing restrictions on foreign investment and aligning with international economic and trade rules, and promised to protect the legitimate rights and interests of foreign businesses in China. The world’s second largest economy is dealing with a flagging economy after exiting the draconian zero COVID policy at the end of last year.

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