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Better policy environment to lure foreign investment
Source: Agencies |
September 10, 2012, Monday
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Print Edition
Print Edition
CHINA will work to provide a better policy environment to attract foreign investment, a senior government official has said, underlining efforts to turn around a slower investment inflow during a global economic downturn.
Ma Kai, a state councilor, also said China would improve the regulatory system governing mergers and acquisitions by foreign companies as well as the mechanism for anti-monopoly assessment of foreign investment.
"We will try to further improve the government efficiency, continue to secure the legitimate rights of foreign investors and implement stricter regulation on intellectual property right protection," Ma said at an international investment forum in Xiamen City at the weekend.
Foreign direct investment in China has eased over past months, reflecting waning appetite among investors because of the global downturn and a more cautious outlook on the world's second-largest economy.
Ma Kai, a state councilor, also said China would improve the regulatory system governing mergers and acquisitions by foreign companies as well as the mechanism for anti-monopoly assessment of foreign investment.
"We will try to further improve the government efficiency, continue to secure the legitimate rights of foreign investors and implement stricter regulation on intellectual property right protection," Ma said at an international investment forum in Xiamen City at the weekend.
Foreign direct investment in China has eased over past months, reflecting waning appetite among investors because of the global downturn and a more cautious outlook on the world's second-largest economy.
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