Chinese premier pledges broader opening-up for foreign-funded firms

Chinese Premier Li Qiang holds a symposium with select exhibitors and buyers attending the seventh China International Import Expo (CIIE) in Shanghai, east China, Nov. 4, 2024. (Xinhua/Wang Ye)

SHANGHAI, Nov. 4 (Xinhua) -- Chinese Premier Li Qiang on Monday said that China will open its doors wider to the outside world, regardless of how the international environment changes.

Li made the remarks during a meeting with select exhibitors and buyers attending the seventh China International Import Expo (CIIE), including Synopsys, General Electric Company, MSD and China FAW Group Co., Ltd.

The foreign-funded enterprises at the meeting expressed optimism about the Chinese market, saying that they will deepen their presence and increase investment in the country.

Despite a sluggish global economic recovery, China's overall economic operations have remained generally stable and seen progress, Li said, stressing that the Chinese market is still one of the best choices for global enterprises.

China will continue easing market access and push for the orderly expansion of opening-up in sectors like telecommunication, education, culture and medical care, the premier said.

He pledged to continue improving the business environment and provide equal opportunities in accessing production factors, qualification licensing and participation in government procurement, among other areas.

Li expressed the hope that China will become not only an export destination for foreign enterprises, but also a land of investment and entrepreneurship, facilitating closer links between China and the global market.

He noted his expectation that Chinese and foreign entrepreneurs will continue to support economic globalization firmly, work together to promote technological advancement and industrial upgrading, and foster new growth engines for the world economy.