Highlights of news conference of the Ministry of Commerce
Investment environment to become more stable and open
China's investment environment is expected to become more stable, open and transparent, as the draft foreign investment law stipulates foreign enterprises will receive pre-established national treatment plus a negative list management system, according to the Ministry of Commerce on Saturday.
The foreign investment law is expected to help establish an environment where foreign companies can compete fairly in China, and better protect the legitimate rights and interests of foreign investors, Wang Shouwen, vice-minister of commerce, said at a news conference during the two sessions.
Wang also cited that the law will protect the intellectual property rights of foreign investors and encourage technology cooperation based on voluntary principles and commercial rules.
- Pet owners embrace traditional Chinese veterinary treatments for their beloved pets
- China to recruit over 20,000 special post teachers for rural areas
- Scientists develop contact lenses that let humans see near-infrared light
- China leading globally in installed hydropower capacity
- Humanoid robot introduces China Daily
- 6 million cyberspace IDs granted in China
