China News Service, Beijing, May 17 (Reporter Li Xiaoyu) According to news from the Chinese Ministry of Commerce on the 17th, Chinese Vice Minister of Commerce and Deputy International Trade Negotiation Representative Wang Shouwen had a video discussion with representatives of the American Chamber of Commerce in China and some member companies. It opposes the complete decoupling of the U.S. and China economies, and expressed that it will further reduce the negative list of foreign investment access.
Wang Shouwen stated that China continues to improve its legal system for foreign investment, strengthen the policy of stabilizing foreign investment, and further create a market-oriented, legalized and international business environment.
According to the 2021 "White Paper on American Companies in China" published by the American Chamber of Commerce this year, about half of American companies believe that China's investment environment is improving; about two-thirds of American companies regard China as a priority market for development, and plan to increase it in 2021. Invest in China.
This reflects the confidence of US-funded enterprises in China's business environment.
Last year, China surpassed the United States to become the world's largest foreign capital inflow country for the first time, and the absorption of foreign capital has continued to grow strongly this year.
According to official data, China's actual use of foreign capital from January to April increased by 38.6% year-on-year, which was an increase of 30.1% over the same period in 2019.
Wang Shouwen said that China will further reduce the negative list of foreign investment access, promote the orderly opening of the service industry, and actively promote the negotiation and implementation of multilateral, bilateral and regional free trade agreements, so as to create more cooperation opportunities for enterprises from all countries.
He said that China appreciates the American Chamber of Commerce's clear opposition to the complete decoupling of the US and China's economies, and hopes that the American Chamber of Commerce in China and American entrepreneurs will play an active role in promoting the development of China-US economic and trade relations on an equal and mutually beneficial basis.
Ge Guorui, Chairman of the Board of Directors of the American Chamber of Commerce in China, positively affirmed China’s progress in improving the business environment, strengthening intellectual property protection, and opening up the financial industry. He hoped that China and the United States would rebuild their communication mechanisms, intensify exchanges at all levels, and strengthen public health and climate Cooperation in areas such as change to achieve mutual benefit and win-win results.