The wider China opens up and the more it develops, the more development opportunities it will create for other countries and their enterprises. This is a view shared by foreign companies and entrepreneurs that have engaged with China in the past.
In a meeting with Premier Li Qiang on Monday, representatives of exhibitors and buyers participating in the seventh China International Import Expo, being held in Shanghai, appreciated the efforts made by China for easing market access, improving the business environment and supporting the development of enterprises. They said China’s further efforts to deepen reform, expand opening-up, and promote high-quality development will bring more development opportunities to all enterprises, including foreign ones in China.
Since its launch in 2018, the CIIE has evolved into an international public good and a crucial platform for China and the rest of the world to embrace each other to develop win-win cooperation. It has become an important symbol of China’s high-level opening-up. With the help of the CIIE, China has demonstrated its commitment to promoting reform and development through opening-up, leveraging the advantages of its superlarge market, and building an open economy.
By participating in the CIIE, foreign enterprises have felt the pulse of China’s economy, and sensed China’s willingness to continuously promote high-standard opening-up. The CIIE has proved to be an open platform through which multinational enterprises can enter China to do business. The CIIE makes clear China’s efforts to deepen reform, expand opening-up and create a market-oriented, law-based and transparent business environment.
From the introduction of the Foreign Investment Law to the full implementation of the management system of pre-establishment national treatment and a negative list, from the establishment of pilot free trade zones to the construction of free trade ports, from improving the intellectual property protection legal system to the signing of high-standard free trade agreements with an increasing number of countries, China has demonstrated with concrete action that it has made good on its promises.
Against the backdrop of sluggish world economic recovery and insufficient growth momentum, China’s successful bid to promote sustained economic recovery, enhance market resilience, and boost new quality productive forces has created broader development space for foreign companies in trade, investment and innovation. With this, the Chinese market has proved itself to be one of the best choices for foreign companies.
A China determined to promote the country’s modernization will only open up wider to the world. This will create new development opportunities for foreign countries and enterprises.