China to Expand Market Access and Foster Global Investment, Says Premier Li Qiang

China to Expand Market Access and Foster Global Investment, Says Premier Li Qiang

Beijing, The Gulf Observer: Chinese Premier Li Qiang announced on Monday that China is committed to opening its doors wider to the global market, regardless of fluctuations in the international environment.

Speaking during a meeting with selected exhibitors and buyers at the seventh China International Import Expo (CIIE), including representatives from Synopsys, General Electric Company, MSD, and China FAW Group Co., Ltd., Li emphasized China’s dedication to enhancing its market accessibility for foreign enterprises.

The foreign-funded companies present expressed optimism about the Chinese market, indicating plans to deepen their engagement and increase investments in the country. Despite challenges posed by a sluggish global economic recovery, Premier Li highlighted that China’s overall economic operations remain stable and continue to progress, positioning the Chinese market as one of the top choices for global businesses.

Li outlined plans for easing market access and expanding opening-up across various sectors, including telecommunications, education, culture, and healthcare. He pledged to further improve the business environment, ensuring equal opportunities for foreign enterprises in accessing production factors, qualification licensing, and participation in government procurement.

The Premier expressed hopes that China would not only serve as a destination for exports but also as a hub for investment and entrepreneurship, fostering closer ties between China and the global market.

Li also called on both Chinese and foreign entrepreneurs to support economic globalization, collaborate on technological advancements and industrial upgrades, and work together to cultivate new growth drivers for the global economy.