Open, resilient market effective way to attract foreign investment

China knows full well that foreign investment is an important force driving its economic development and modernization. Therefore, it is going all out to create a market-oriented, law-based transparent business environment to attract foreign investment and strengthen foreign investors' confidence.

China also knows full well that in order to promote high-level opening-up in the new era, it must make greater efforts to attract and utilize foreign investment, introduce overseas capital and management knowhow, maintain order in its securities market, and protect the legitimate rights and interests of investors, including foreign investors. This is why it has completely removed restrictions on foreign investment access in the manufacturing sector.

In order to optimize the policy of attracting foreign investment, the country is also accelerating the opening-up of its telecommunications, education, medical and other service sectors, and introducing or planning to introduce more practical measures to optimize the business environment and improve service guarantee. The Ministry of Commerce and multiple other departments have also revised the regulations, further lowering the threshold for foreign investors to invest in listed companies, and encouraging foreign investors to carry out long-term investment.

A package of incremental policies has continued to take effect, and countercyclical adjustment of fiscal and monetary policies has been further strengthened, sending a positive signal that China's economic recovery is on a solid footing, improving the international market's expectations of its economic prospects, and boosting foreign investors' confidence in its value investment.

China's opening-up to the outside world will never stop, as it is determined to continue promoting the all-round institutional opening-up of its market, institutions and products, achieve the compatibility of its rules, regulations, management and standards with global ones, and create a good investment environment for international investors. The country is also determined to further enhance policy stability, transparency and predictability, to establish a standardized, transparent, open, dynamic and resilient capital market.