The Chinese government will further utilize the roundtable meeting mechanism involving foreign companies and business associations to enhance support for their operations in China, Assistant Minister of Commerce Chen Chunjiang said. During his meeting with the representatives of multinational corporations and foreign business chambers, including the American Chamber of Commerce in China and the European Union Chamber of Commerce in China, he emphasized that the Chinese government considers attracting foreign investment a top priority and is dedicated to creating a fair, transparent and predictable business environment for global investors. The meeting, which was held in Beijing, centered on addressing the concerns raised by foreign businesses, particularly those over cross-border data flows, export controls and China’s Counter-espionage Law, according to an online statement released by the Commerce Ministry.
Chen said his Ministry will work with the government branches concerned to intensify efforts to promote and interpret policies effectively. The aim is to enhance support services and create a high-quality business environment for foreign companies operating in China. To encourage foreign companies to play a bigger role in the Chinese market, senior Commerce Ministry officials have held a number of roundtable conferences and meetings with top corporate executives and heads of foreign business associations from Japan, Germany, the Netherlands, Singapore and the United States this year. They also said foreign companies could expect more growth opportunities as China is advancing modernization in an all-round manner and unswervingly pushing forward high-standard opening-up.
These institutional arrangements for roundtables and regular meetings are certain to further expand the channels for gathering feedback on operational difficulties and other suggestions from foreign companies, which would help address their concerns in a timely way, besides facilitating their stable development in China, said Zhu Bing, Director General of the Foreign Investment Administration (FIA) at the Commerce Ministry. The Ministry has held 17 such meetings and seminars for foreign-funded enterprises and made coordinated efforts to solve their problems over the past three years, the China Daily reports.
