Related News
EU businesses welcome China’s reform
Print Edition
EUROPEAN businesses welcome China’s determined effort on reform and are confident implementation would rebalance the economy and improve the business environment for private and foreign firms, the European Union Chamber of Commerce in China said yesterday.
“After a decade of limited and piecemeal reform, the decision of the Third Plenum was welcomed as a framework to address China’s growing economic and societal issues,” the chamber said in its European Business in China Position Paper 2014/2015. “It will also help to accelerate the transition to a fairer system and from exclusive growth to inclusive participation.”
The chamber continued: “China’s leaders have laid bold groundwork for reforms, but implementation is crucial and many difficult steps lie ahead. China’s leadership must remain steadfast and urgently implement the primary tenets of the Third Plenum decisions to shift China onto a more sustainable, inclusive and fairer course.”
Held last November, the third plenary session of the 18th Central Committee of the Communist Party of China said China would give the market a bigger role to play especially in economic issues.
The reform decision “has raised hopes and expectations” of European companies, said European Chamber President Jorg Wuttke.
Some foreign companies, including Mercedes-Benz and BMW, were found guilty last month of violating China’s anti-monopoly law.
Shen Danyang, a spokesman for the Ministry of Commerce, said earlier that the investigation did not target foreign companies. He said foreign and domestic companies are equal under the anti-monopoly law.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
