China Ramps Up Efforts to Attract Foreign Investment Across Diverse Industries

CHINA-QINGDAO-ECONOMY-FOREIGN TRADE (CN)

Beijing, 20 March 2024 (Xinhua)

China has started revising the industry catalog of sectors encouraging foreign investment, the country’s top economic planner said on Wednesday.

During the revision process, the National Development and Reform Commission will engage in extensive communication with foreign chambers of commerce and enterprises through field investigations and seminars, said Hua Zhong, an official of the commission.

The revision will maintain a focus on the manufacturing sector as one of the priorities for attracting foreign investment, Hua said, adding that China will step up support to advanced manufacturing, modern services, advanced technology, energy conservation and environmental protection to attract more foreign investment in these areas.

The revision will be tailored according to local resources and industrial foundations in central and western regions to encourage multinationals to develop businesses there, Hua said.

/ China

About the Author

M Ashraf Siddiqui

Editor and publisher Ashraf Siddiqui is a well known Qatar based journalist and a social worker. He has been in Arabian Gulf Peninsula over 4 decades and enjoys rich knowledge on Middle East affairs

Comments

Comments are closed.

Disclaimer: Asian Telegraph Qatar do not accept any responsibility for any comment posted on our website. Any comment does not necessarily represent the views of the Asian Telegraph Qatar, unless where specifically stated otherwise. We reserve the right to unpublish, or delete parts or the entirety of any comments that deemed to be non-conducive to the discussion.
MENU