(Observation of the NPC and CPPCC) What signals do foreign companies in China read from the government work report?
China News Service, Beijing, March 6 (Reporter Wang Enbo and Li Xiaoyu) As the annual "weathervane" of China's economic and social development, the National Two Meetings being held here have attracted great attention from foreign-funded enterprises in China.
Talking about the government work report on May Day, many heads of foreign companies interviewed by a reporter from China News Agency said that they read from them multiple signals such as China's strong and stable economic development, efforts to create a fair environment, and efforts to tap the potential for innovation.
As the first government work report during the "14th Five-Year Plan" period, while setting the expected goals for China's economic and social development in the next year, it also made arrangements for the main goals and tasks for the next five years.
Jiang Ying, a member of the National Committee of the Chinese People's Political Consultative Conference and senior vice president of Deloitte Asia Pacific, noted that "fairness" was mentioned in many places in the report, which means that after China's major victory in the fight against poverty, it will further realize common prosperity.
"The report gives us full confidence in China's fair development of education, medical care, and elderly care, improving people's livelihood and well-being, and moving towards a well-off society with high-quality development."
For foreign companies in China, they are particularly concerned about how China can better create a business environment where domestic and foreign companies are treated equally.
The government work report also responded.
It mentioned that promoting fair competition between domestic and foreign-funded enterprises and protecting the legitimate rights and interests of foreign-funded enterprises in accordance with the law.
Foreign businessmen are welcome to expand their investment in China and share China's open large market and development opportunities.
Muhammad Al Ajilan, vice chairman of the Ajilan Brothers Group and chairman of the Saudi-Chinese Business Council from Saudi Arabia, expressed his appreciation for this.
He believes that the continuous optimization of China's business environment has not only provided strong support for the strategic alignment of the "One Belt One Road" initiative and the "Saudi 2030 Vision", but also effectively promoted bilateral trade between Saudi Arabia and China.
"This makes us look forward to a more open, resilient and dynamic Chinese market."
In the eyes of Hermann, President and CEO of Siemens Greater China, China is not only the company's second largest overseas market, but also a unique R&D center, a steady pool of talents, and a pillar for future development.
He said that by promoting openness, transparency and extensive cooperation in a level playing field, Siemens will continue to work with all Chinese partners to empower industry, infrastructure, transportation and medical and other pillar industries with technology to transform.
The government work report sets out the focus of China's economic development in the coming year, which is also the focus of foreign companies.
They all observed that "innovation" has become a high-frequency word, and they are optimistic about the business opportunities it brings.
For example, in terms of "adhering to innovation-driven development and accelerating the development of a modern industrial system", the government work report proposes to accelerate digital development, create new advantages in the digital economy, and coordinate the advancement of digital industrialization and industrial digital transformation.
"We are very pleased to see that many of the achievements China has made in promoting technological innovation are mentioned in the report." Song Weiqun, senior vice president of Johnson & Johnson and chairman of the China region, said that as China further promotes the construction of an innovation system, the connotation of innovation-driven Type growth is taking shape.
Foreign companies can also continue to rely on the surging momentum of the Chinese market to continue to play a role in strengthening the allocation of global resources and making every effort to strengthen the innovation engine.
Herman believes that the "14th Five-Year Plan" will guide China on a new path of development.
He is particularly optimistic that with the continuous deepening of reform and opening up, China has a lot to do in shaping a new digital economy.
Based on the government work report showing the considerable resilience and sound fundamentals of China's economy, Mohamed Al Ajilan believes that China's determination to expand its opening up and actively promote foreign investment will inevitably be further deepened.
"We are very optimistic about China's economic prospects and high-quality development in the next stage." (End)